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Technology Stocks : Dell Technologies Inc.
DELL 133.59-1.8%Dec 3 3:59 PM EST
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To: kemble s. matter who wrote (46348)6/5/1998 1:36:00 AM
From: Islander  Read Replies (3) of 176387
 
kemble, Hi!!! The below is from The Right Line Split Report, please note the role of rumors on this stock. Refer to Roger's site at
www.rightline.net

Dell Computer (DELL) - Well I was partly right. On Tuesday I may of
seemed quite bullish on DELL and I had quite a reason to be. The volume led me to believe that DELL was ready to jump back on the wagon. But then something happened, RUMORS. DELL did open up on Wednesday and gapped to 84.375 from a Wednesday close of 82.625, and rose as high as 85.5 in the day, but RUMORS of the tech giant INTEL took all of DELL's profits late in the day and helped DELL finish the day losing 2.375. Boy was I disappointed. But to my dismay, the rumors we discussed earlier were false and DELL roared back on Thursday as DELL jumped back and soared 4.25 points on the day to 84.5. Volume was light, but don't expect to see that tomorrow. If the EMPLOYMENT REPORT comes out to be in favor of Wall Street, look for DELL to continue its upside breakout on Friday. Remember, big money has driven the stock down from its highs of 98 back in mid May, and they could drive the stock back up easily. If DELL gaps open in the morning, use the gap open tactic to place your entry/exit points and hold on. This may be one interesting day tomorrow! Optionable.
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