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Technology Stocks : Dell Technologies Inc.

DELL 138.94

0.0%

Dec 5 9:30 AM EST

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To: Sig who wrote (81353)	11/19/1998 3:50:00 PM
From: Byron Xiao	Read Replies (4) of 176387

This is getting interestng with the Nasdaq up 31. Wonder how much it is costing "THEM" (nameless souls) to keep the price of Dell below 65 for options expiration???? Hmmmmm ? Another 10 up on the Nas may break Dell loose and then I'tl be gone. Great fun. Sig I don't think so. DELL really sucked these last couple sessions. Tomorrow is the Options expiration date, I imagine people will be taking profit on tech stocks, like INTC, CSCO and internet stocks. DELL could still go a lot lower. Personally, I am not buying at the 60 level. I am getting in 50-55 in the next couple months. With the tax selling coming soon, DELL could go even lower. I will pick more up at 52.5. The earning for tech companies this quarter should be very solid. However, 1999 will be so un-predictable. IT budgets might be cut due to the more gloomy global market outlook. Asia has not come out of its trouble yet, and won't likely do so before mid 1999. And then there's this Y2K problem. I see DELL go below 45 in Feb/March 99. This is not the time to buy this stock.

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