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Technology Stocks : Dell Technologies Inc.

DELL 122.70

+0.2%

Nov 18 3:59 PM EST

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To: Paul Reuben who wrote (66010)	9/17/1998 8:18:00 PM
From: Jorge	Read Replies (1) of 176387

Paul...That Dream target seems quite possible, if not probable...I had a GTC order to buy at 55 but cancelled it...I was telling Freeus earlier I think we could see the 40's..could be high 40's, low 50's, but I think investor psychology has turned, and not entirely on just fear,although that will play a factor too....Mostly we, as of yesterday, realize without a monetary stimulus (rate cut) corporate America is looking at more of the same as we have all year---declining earnings..As recently as yesterday Gillette warned they will miss estimates, citing BOTH Asian and Latin American exposure...This downward revision scenario is becoming commonplace and without some evidence of a fundamental turnaround we are going to re-test the 7400 level, some (earlier today) say 6400...Either way I think we will see DELL at around 50, give or take a couple points...My mouth is watering at the prospect of buying at those levels. Regards, George

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