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Technology Stocks : Dell Technologies Inc.

DELL 138.94

0.0%

Dec 5 9:30 AM EST

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To: Kayaker who wrote (49915)	7/6/1998 6:16:00 PM
From: Gabriel008	Read Replies (2) of 176387

I dumped all my deep in the money calls in both Yahoo & Amazon by the close today & re-bought near their closing trading prices. This strategy has served me well for the last 8 days and I suspect we still have 1 or 2 days of this before the momentum runs out. I'm guessing that Yahoo will start pulling back by Wednesday am & the other internet stocks will follow, including Amazon. Once the internet frenzy plays itself out we can expect the momentum players to come flocking back to DELL. I believe we should start seeing some upward movement in DELL stock late this week or the beginning of next week. DELL's upcoming shareholder meeting will put the limelight back on the stock & should provide the necessary kick-start to get DELL stock moving towards the $120-$130 range, which is the top that I believe we will see this quarter if the stock splits. However, I could be low in my estimate. In any event we shall see what the future brings. Best of luck.

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