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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST

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To: MichaelW who wrote (49961)7/7/1998 9:32:00 AM
From: Patrick E.McDaniel  Read Replies (5) of 176387
 
Michael, just a theory as to why Dell is going down.

There has been a pattern of days when internet stocks are very hot for Dell and other traditional growth stocks to decline or go nowhere.

My theory is that some momentum players and high growth speculators have turned their attention away from companies with proven growth to try a speculative stock and fast price movement.

This is good and bad. Dell should be quiet until before the annual meeting or a split announcement. Once the split comes thru and if Dell can perform in August Dell shares should get very high.

Pat
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