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Technology Stocks : Dell Technologies Inc.
DELL 132.08-0.8%3:59 PM EST

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To: BGR who wrote (101340)2/16/1999 11:28:00 PM
From: Goldbug Guru  Read Replies (2) of 176387
 
Alan Greenspan saved the stock market last year by cutting interest rate, otherwise dell will be trading at $20.00 by now.
What's the chances that g-spam will cut rate this time, dell will have to fight this battle on its own this time. Uncle Greenspan can't save the stock market all the time. All the people that bought dell at 110..105..100..98..92..88 are all dying to get the hell out tomorrow and salvage whatever its left in their portfolio. Dell is a momentum stock, once the momentum is gone >>GAME OVER<<

Long term outlook for dell, the price could recover...BUT WHEN?????
Greenspan cut rates on the last crash, that's why dell recover within 4 months. BUT!!!This time no interest rate cut..DELL IS A SITTING DUCK
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