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Technology Stocks : DELL TA ONLY

DELL 142.99

+3.0%

1:09 PM EST

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To: drdan who wrote (29)	10/31/1998 1:14:00 PM
From: Spaw	Read Replies (2) of 202

DR: This testing, testing, churning at 65 should be expected as the stock nears an all time high ahead of earnings. Slowing volume on consolidation is OK. I've been closely monitoring level II and time and sales as DELL toys with the resistance. This is a tough level to break, much like 60. I am looking for weakness in the market to give DELL a chance to slump into the 60-61 range. This would be a great entry prior to earnings for a run to 70. Looking at the 60 calls. All this is very dependent on the market. --spaw--

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