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Technology Stocks : Dell Technologies Inc.
DELL 128.58+2.1%9:43 AM EST

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To: SecularBull who wrote (49972)7/7/1998 10:26:00 AM
From: larry  Read Replies (1) of 176387
 
LONGonDELL,

I think that you also need to add the fact that the short interest in DELL has risen 24% in June. INTC shuting down production for 10 days also does not bode well for DELl on paper. I would guess that short sellers are also taking advantage of momentum players jumping for internet issues and making profits on DELL. The next 5-6 sessions will be their best opportunity since DELL annual meeting is on the corner and a earning rally is not that far away.

You know that DELL is the favorite among growth oriented fund managers. However, it's also a main target of hedge fund managers.
It's interesting to see how DELL is able to keep support at 90. Like I said before, I only don't like the fact that DELL is the weakest link among all box makers.

larry!
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