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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bill Wexler who wrote (17424)2/13/1999 6:43:00 AM
From: Mama Bear  Read Replies (2) of 18691
 
Bill, I hate to point it out, but everything you said in that post from November was wrong, and larry's predictions were fairly close.

Dell missed the 'whisper' #, posted .27.

Dell sold off down to 60.

The momentum players were disappointed and sold off.

The reason there won't be a repeat this quarter is because the mo mo boys mostly got out yesterday. The wannabe's will sell it Tuesday. I'll be looking for 84-85 for support.

DELL reminds me of Iomega. In the end, it's just a low margin commodity producer, and doesn't deserve anywhere near the premium that is in the price.

Barb
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