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Technology Stocks : Dell Technologies Inc.

DELL 138.98

+4.0%

Dec 4 3:59 PM EST

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To: K. M. Strickler who wrote (44061)	5/21/1998 11:47:00 AM
From: Walt Corey	Read Replies (1) of 176387

re: but as I see it, it is the BEARs that are driving the stock. I think that is more true than false but as you said all of our positions summed would be a small fraction of that held by institutions. With as many shares as Dell has out it takes some monumental effort, I think, to drive the stock up or down 5% per day for several weeks at a time. I doubt LT and crew can muster that level of stroke. I think the bears are driving it down. The buy and holds aren't effecting the price by definition. I think the rabid bulls drove the price up beyond a reasonable level though and now the bears are driving it back down. Both directions are over corrections. The real issue is, IMHO, what will the stablized pitch become. Walt

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