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Technology Stocks : Dell Technologies Inc.

DELL 119.17

+4.1%

Feb 2 3:59 PM EST

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To: arthur pritchard who wrote (88238)	1/8/1999 3:42:00 PM
From: Chuzzlewit	Read Replies (2) of 176388

Arthur, I think it could make BOSTQ look like a slow leisurely slide. Do you recall the plunge that OXHP had about a year or so ago when the investment community suddenly discovered that the profit and growth was mainly a fraud? As I recall, on the day of the announcement OXHP gapped down around $35 to around $29 a share. It then slid to about $6 over the next year. There was no way to get out when it finally gapped down. But the interesting point was that the news was a surprising development to many investors who thought that OXHP was sound. So why do I think this will be worse? Because you and I and just about everyone else out there knows that these companies are illusions. That probably means that there are stop losses all over the place. And as you know, once a stop loss is triggered it becomes a market order. I will leave it to Venkie and the other riverboat gamblers to trade those baubles. I will stick to solid growth companies like DELL and CSCO and TLAB, and I will sleep soundly at night. TTFN, CTC

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