Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: kendall harmon who wrote (25091)	2/12/1999 7:12:00 PM
From: garrick le	Read Replies (1) of 120523

I think DELL has topped out yesterday and RS analyst 's view will turn out to be correct. DELL is encountering stronger competition from Compaq,HP,Gateway and the likes.They are emulating DELL 's marketing and inventory business model ...thus the downturn in DELL will continue ... Volume does not lie ... lot of institution sold today and the selling will continue for sometime to come ... IMO. The momentum investors will be getting out if they have not done so ... All in all,not a pretty picture for the Nasdaq 's better performing stock in the last 3 years. GL

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