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Technology Stocks : Dell Technologies Inc.
DELL 119.41-2.7%3:59 PM EST

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To: freeus who wrote (63762)9/5/1998 11:38:00 PM
From: Dr. D  Read Replies (1) of 176387
 
Freeus

I tend to agree, but for a different reason. I think the market and Dell will get hammered again when Kenneth Star's report hits Washington. CNBC said the report will be released next week. When the sorted detail start to leak out Lord only know what will happen. I am very uncomfortable with this looming on the horizon. We could very will be looking at Impeachment hearings soon.

Does anyone remember how much the market went down when Nixon resigned? I think it was something like 40%. It was not pretty. We may already be down enough to absorb most of the downside.

Unlike most here, I think there was lots of short covering coming off the lows of Friday. I was looking at the trades coming across and did not see any really large blocks. I think it will be mostly down to sideways from here until some good Emerging markets news surfaces.

But, with that said Dell will lead the market back when the time is right.

Like you, I too want more Dell in the mid 40's. <VBG>

Bets wishes

Donald
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