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Technology Stocks : Dell Technologies Inc.
DELL 138.98+4.0%3:59 PM EST

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To: freeus who wrote (62065)8/28/1998 8:49:00 PM
From: Jorge  Read Replies (1) of 176387
 
freeus....I would hate to have been in margin in the small-mid cap stocks since April of this year, but the Blue Chipper Techs have not fared bad at all...I like CSCO real well for the long haul, and of course my largest holding, DELL.....I wish I knew the "exact" bottom for this OVERSOLD Market condition..I can't help but think it's close....I will go out on a limb (don't hold me to it) and say I think you will be o.k. with your margin.....Worst case scenario: You get some stock called away from you on margin call (assuming you can't add cash to your account), but in the long run you will make it up...I doubt you'd get that much (probably none) called away.

Again, I think we are getting closer to a bottom...I felt that yesterday's and today's Blue Chippers retreat is key to the psychology of a reversal...Fundamentally, I think we are oversold, valuations are not that far out of line, if not undervalued at this point.

Have a nice weekend.

Regards, George
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