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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

3:59 PM EST

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To: Dr. David Gleitman who wrote (45307)	5/29/1998 12:23:00 AM
From: Jack T. Pearson	Read Replies (1) of 176387

DELL has already had two good run-ups this year. It needs a rest. I expect CPQ and DELL are going to mark time (+ or - 10 points for DELL; + or - 5 points for CPQ) for a while. Although the Nasdaq was up today, it appears to be undergoing a correction, although not as abrupt as the one in October. Give it a month to work itself out. I don't expect DELL to move up as fast in the second half as they did in the first half. CPQ is another story. They have to show they can earn a decent profit. Projected profits aren't as good as the real thing. But CPQ may get a brief move up when the Digital acquisition is completed, next month.

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