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Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

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To: Frank Ellis Morris who wrote (69660)	10/6/1998 5:14:00 PM
From: Dell-icious	Read Replies (1) of 176387

DELL seems to be making higher highs and higher lows so far. However, the drop from new highs is getting to be quite precipituous. For example, DELL reached a (then) high of 129 3/8 (pre-split) on 8/27, and on 9/1 (which is just 3 trading sessions later) reached an intra day low of 93 3/4, a swing of 27.5% in just 3 trading days. Of course DELL broke that previous high on 9/24, which was 16 trading sessions after the low, and went on to make a new high of 69 1/4 on 9/29, which was just 5 trading sessions ago. Today's low of 54 represents a 22.1% swing from the latest high, so we haven't corrected as much as we did last time yet. But after we recover from this correction, barring a total market meltdown in October, I predict we will see 70s by November earnings. Dell-icious

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