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Technology Stocks : Dell Technologies Inc.

DELL 123.18

+4.9%

3:45 PM EST

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To: Chuzzlewit who wrote (61101)	8/26/1998 3:48:00 PM
From: JRI	Read Replies (1) of 176387

ON CNBC: Stanley Druckenmiller, who runs George Soros' Quantum Fund was asked,"Would you buy U.S. stocks now, given that many are stating that they are OVERSOLD"....his answer: "No. Not based on being oversold....Japanese stocks were oversold from 38,000 in 1990 down to 15,000...and (obviously they did not represent a buying opportunity)....I DON'T KNOW WHAT OVERSOLD (MEANS)" Kudos to you Chuzz...This last line was straight from your book! BTW- Druckenmiller was very bullish on the U.S. market....Says thinks have changed a lot from April (Bearish sentiment much higher now...non-existent is January......Fed looked likely to tighten in April....looks like it will likely ease (sometime) in the future.....many stocks down 30% from highs...and a lack of investment alternatives around the world. Dell is unreal today, eh?

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