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Technology Stocks : Dell Technologies Inc.

DELL 127.92

+0.4%

3:59 PM EST

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To: corporal spewchunks who wrote (94969)	2/5/1999 12:21:00 AM
From: Lee Martin	Read Replies (1) of 176387

John, Just finished looking at the charts of INTC and DELL and refreshed my memory. The price war talk is what stopped INTC dead in its tracks in JAN/FEB97 after the huge runup that started in '95 and continued all the way through '96. Back then I had one stock INTC, until someone on the INTC thread mentioned the warrents and then I went to 100% INTCW. What important for folks worried about DELL to look at is its chart back then. The end of INTC's runup marked the BEGINNING of DELL's latest huge ramp. It took INTC until the end of '98 to stay above where I sold it in '96. Maybe soon it will be time for INTC to cool off for a while again. IMHO all we need is for INTC to stabilize for $$ to rotate into those techs that can increase earnings in this environment. I haven't written INTC off yet as it releases the PIII in a couple of weeks. INTC and the techs should recover due to hype surrounding this event and other goods news that should continue coming for the next few weeks prior to the earnings warning season starting in MAR. Regards,Lee

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