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Technology Stocks : How high will Microsoft fly?
MSFT 485.49+1.8%Nov 26 3:59 PM EST

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To: Annette who wrote (13274)12/18/1998 12:28:00 AM
From: Brian Malloy  Read Replies (3) of 74651
 
While the past doesn't always predict the future look at a Dell chart from July 97 to the first week in Jan 98. Look at Dell from July 98 thru now notice any similarities?

My take is that many have taken profits in DELL. So it trades sideways for now. In Jan as people sell off some off the Internet stocks to lock in profits and reallocate and so forth, money will flow back in to DELL. There can be no doubt that DELL is cleaning up in PC sales this holiday season. The next earnings report will continue the trend.

Just a thought.
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