Dell Technologies Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc.

DELL 133.20

+5.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mohan Marette who wrote (96737)	2/10/1999 10:53:00 AM
From: JRI	Read Replies (1) of 176387

In defense of Ralph...gggg Acampora's target was 5-10% down from the recent peaks, and then higher....I believe the Dow closed above 9600 in early January...yesterday 9100+....so there's your 5% correction Ralph was calling for...now, according to Ralph's prediction, we are going to 11000 (higher band)..also, Jerry Favors said on Friday that we would be going higher today <SBG> (Naz down close to 10% as of yesterday)... My commentary: This is a classic tech sell-off in a bull market...Cisco falls almost exactly 20%, EMC 15%..Dell had a bit further to fall (so it did this morning)...Pretty orderly sell-off...People get nervous because these things now happen over a couple week period (vs. a couple months a few years ago)....We should be glad these "corrections" happen quickly and sharply...we wind up with a better overall return this way! (and get some great, clear buying opportunities....) The current economic environment and the specific demand environment for Dell is the strongest I've seen since I've been following the stock (about 1 1/2 yrs..)...one would be foolish to think this sell-off is going to last much longer (if at all)... I'm sure Merrill Lynch is buying like crazy here...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next