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Technology Stocks : Dell Technologies Inc.
DELL 125.16-1.6%11:06 AM EST

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To: Patrick E.McDaniel who wrote (49964)7/7/1998 10:12:00 AM
From: SecularBull  Read Replies (3) of 176387
 
Pat, I think you're right about the momentum players staying out of DELL in favor of the internets. However, I would add that there absence has only produced a lack of buyers, and that the selling is not rampant.

The long term holders of DELL are going to sit on their positions, while some investors trim their positions. When the buying returns, the supply will dry up (no significant selling, as now) and the price will shoot through the roof.

Frankly, I surprised that we're in the phase we're in right now. I would have thought that the stock would have been firm, at least.

I would expect the buying the return by Thursday at the latest.

Regards,

LoD
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