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Technology Stocks : MENTOR GRAPHICS
MENT 37.250.0%Mar 31 5:00 PM EST

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To: P314159d who wrote (226)2/25/1999 11:03:00 PM
From: P314159d  Read Replies (1) of 376
 
Well I suppose you know where DELL is headed now

I have to say though the shorting comes in quick bursts on thiis one.
I get in and out over a day or two and then wait to see if it gets worse.
But I had to make up a few grand because of the past year's negativism, that I lost. Right now DELL's chart is the ugliest ever seen since I had tracked it. Fair value is like 40 to 50, so I watch it closely
just to see how the market digest its losses. When DELL goes with CSCO, we aren't going to find many great winners. I hold my current short from yesterday in hopes of another break, but I am not holding my breath because of the oversold condition. Still if we eclipse the 78 low at the open , then I have it all back plus about 2 g's when we reach low 70's support.

Besides that watch MENT to hold. gotta like a stock that can hold in this environment.
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