Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Electric who wrote (8788)	5/21/1998 8:22:00 PM
From: Judy	Read Replies (1) of 42787

My sense is DELL's revenue growth in for the next two/three quarters depends on Europe and China. The Asia situation will impact Europe, and if China's economy were to dive as the rest of SEA ... buying computers will not be a priority item. So far US businesses are willing to pay a premium for DELL computers but with low price PCs becoming ever more powerful, it is not clear that they will continue to do without a second thought. DELL has now retraced back to breakout prior to earnings. There is no congestion between 78-87, hence no real support should the sector or market come under pressure. Having said that, shorting June 80p for a trade looks good.

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