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Technology Stocks : Dell Technologies Inc.
DELL 122.70+0.2%Nov 18 3:59 PM EST

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To: JRI who wrote (44962)5/27/1998 12:59:00 PM
From: Eddie Kim  Read Replies (1) of 176387
 
john,

you may be right...DELL might just be down due to sympathy; however, it is a fundamental mistake to make the instant assumption that it is. I have seen time and time again stocks that continue to slide even though the market has leveled.

All I read on this thread is, "Just a small correction, will rocket back up." This market mentality is typical at a peak, and usually causes many investors to lose money. They buy on the slide down expecting a rally to come. Will this occur to DELL? I personally don't think so; however, I am cautious.

You say a 16% correction is called for after going up 100%. Well, this falty rational is based on that DELL should have gone up 100% in the first place. Given the market pressure of the industry...I have my doubts.
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