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Technology Stocks : Dell Technologies Inc.
DELL 133.78-0.1%Nov 14 9:30 AM EST

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To: JRI who wrote (99974)2/16/1999 2:54:00 AM
From: Technician  Read Replies (1) of 176387
 
I an not a dell bear but I don't think that
dell is perfect, my emphasis is on cpq entering
the direct channel and the sub 1000 market.

The 12 pt loss on 3 times volume preceded by a
drop to 93 and back to a lower high and then a lower
low is something I take seriously, if dell decisively
goes and holds 94 then I will change my mind, more
important then earnings release is the stocks behavior
today if it is to resume its uptrend.

I think a lot of damage was done friday and it
reflects overall investor sentiment, I have seen
an analyst get bearish on a stock and the stock
move completely ignore that .... this time it
looks like the sellers are lined up!

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