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Technology Stocks : Dell Technologies Inc.

DELL 133.20

+5.7%

3:59 PM EST

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To: Mohan Marette who wrote (73033)	10/20/1998 9:35:00 AM
From: Eddie Kim	Read Replies (4) of 176387

I think DELL might reach $60 on this current run-up; however, I think the overall market has risen too much and too fast. I see a retest of DOW 8000 and most likely DOW 7800. Thus I see DELL going back to low $50s perhaps high $40s. I think DOW 8500 is current top. if it breaks it by at least 50 points I'll have to rethink my position. People are going to realize that Alan Greenspan's rate cut wasn't an early Christmas present, but was to pre-empt something he saw as very dangerous to the US economy.

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