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Technology Stocks : DELL Bear Thread
DELL 149.13-2.1%Nov 6 3:59 PM EST
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To: Bilow who wrote (2433)2/19/1999 1:57:00 PM
From: garrick le  Read Replies (1) of 2578
 
DELL has serious problem holding above 83.
It will head back to 80 at least near term.
it is a trading sell,IMO.
Moreover,when DELL investors wake up to the reality
of DELL 's slowing down in revenue and having to cut price
to sustain 30ish growth,more and more people will sell.
I watched the tape the last few days and lots of block sell
happened.
When MFs and institution have finished unloading ,watch out
below.Downgrades will come in day after day.

All my opinion only and it could well be wrong,

GL
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