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Technology Stocks : Compaq

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To: JRI who wrote (48099)2/14/1999 7:51:00 PM
From: robbie  Read Replies (1) of 97611
 
John, the last time I bought a lot of DELL was for ~$45 or on Oct. 8, when the stock fell about 35 points in a week. I sold it a couple of weeks ago at 107 7/8. So I wouldn't be near as lucky to get some Tuesday at 85. I'm sure you remember DELL falling a lot farther than last week many times. I'm pretty patient, so I'm sure it's only a matter of time until I get "lucky" with DELL again. As for the "momo lemmings," like I said, DELL will crash 4 or 5 times a year much harder than this, you can count on it.

Robbie

P.S. If DELL's number is .31, and Niles is wrong and they do meet the projected revenue number, the expectations are so high for DELL that this will still be considered a disappointment and the stock will fall 5+. Any less than that, and it's MAJOR crash, which is what I'm hoping for.
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