DELL: Facts, Stats, News and Analysis Message Board

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Technology Stocks : DELL: Facts, Stats, News and Analysis

DELL 146.68

-1.7%

Nov 7 9:30 AM EST

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To: Gabriel008 who wrote (164)	10/9/1998 8:54:00 AM
From: Gabriel008	Read Replies (1) of 335

From briefing.com this morning; Computer Systems & Peripherals Group continued to come under pressure amid concern that global financial crisis will erode consumer confidence and result in weaker than expected holiday PC sales... Market also worried that reduced capital spending budgets will hurt corporate sales... For the large multinationals, softer sales picture partially offset by dramatic dollar declines. Dell (DELL) bounced off support in the 42-40 area to close at 48 7/16 (-2 1/8)... Company has been pulled lower along with rest of techs despite rosy outlook painted by management... Stock's history of snapping back from moderate corrections suggests that DELL will be one of the stocks leading the recovery.

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