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Technology Stocks : Dell Technologies Inc.
DELL 117.42-1.7%3:59 PM EST

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To: T L Comiskey who wrote (82332)11/25/1998 11:40:00 AM
From: PAL  Read Replies (1) of 176387
 
Tim:

In the short term I think it will reach 100 by the end of next week. Reason? UBID will be IPO'ed on Monday or Tuesday by Merryl Lynch. That will take ONSALE higher as well. ML wants this IPO to be a success. UBID is 72% owned by MALL. Since we are not on the preferred list for UBID, we can participate by having MALL.

Rumor has it that MSFT is about to split again (from Bull-market newsletter), and if that happens it will lift the tech sector, hence December year-end rally for technology.

Even if it hits 100, I would not sell ONSL, but use a 10% downside protection. Remember TLGO, EBWX, GERN? Just keep the lights on and don't fall asleep when it comes in the middle of the night.

Paul
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