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Technology Stocks : Dell Technologies Inc.
DELL 152.40-1.5%Nov 5 3:59 PM EST

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To: Jerome Wittamer who wrote (93951)2/2/1999 12:05:00 PM
From: Walt Corey  Read Replies (3) of 176387
 
My gut tells me it will retrace to below $100..high $90's. If this run up is due to folks anticipating a split, doesn't the board have to approve a split? They haven't met yet. Before earnings these heights aren't a good sign. P/E's already over 100 and market has already factored in a good 4th quarter. I'd much rather see sustained moderate growth than 20+ % in less than a week. Besides I am augmenting my appreciation selling calls. I've held DELL too long for it to be called away now. -Walt
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