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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: Jim Patterson who wrote (79681)11/13/1998 10:00:00 AM
From: Lucretius  Read Replies (1) of 176387
 
on the contrary, I think he understands the game quite well. He knows he has to keep this pig moving higher in order to pay his salary expenses (he can worry about that slowing end demand problem later) He knows he has to continue to talk it up, over the fun is over. His soaring stock price is even great advertising for his business. Everybody knows of "DELL the stock that goes up every day" He knows that it will all end some day.. but then again he sold a few million shares this Summer so what does he care. He'll just continue to sell a few million every qtr or so, and then when the pig implodes... what does he care?

however, I think he has underestimated the mania behind his stock. Manias require ever increasing WONDERFUL news to keep going or they exhaust themselves and end in disaster.

the hard core DELL holders will likely buy every dip at first, seeing it as the buy opp of the century (LOL), but once they run out of moeny... then the fun starts. Because DELL is a mania, those that play it must be broken. Until they are broken, (and I mean really broken) this thng will continue to slosh around in a speculative frenzy.

I do think it is OVER.

-Lucretius
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