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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST

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To: Alohal who wrote (110436)3/21/1999 9:38:00 AM
From: Sig  Read Replies (1) of 176387
 
<<<I'm not worried about the recent pull back, been through this a number of times and have always been glad I held on, even when my knees were shakin' and my heart a poundin'. Dell will emerge
into the next century as the PC/internet company to chase>>>
Well, yes, I hate these low cycles too. I spend a lot of time looking at Dells cycles, which seem to be about 42 days high to higher high , and 15 days H to H on the shorter periods.
Best I can come up with looks like this:
Mar 22 High 45
( we are running late because of %^$$ analysts comments on IBm, cpq) Apr 1 low 43-44
Apr 15 High 49
May 1 low 47
May 15 High 53 to 60( Earnings run-up)
The encouraging thing here is that even if an earnings warning came out, the stock value would probably not drop below
the present $41
The value of these figures (if any) is to try to predict the direction of the stock price.
Also I might consider the May (or later )calls to be a better buy that the April calls.
I have only used margin for about 1 year so am not real happy
with the present situation on one account. If Dell were to continue down I would have to re-shuffle some stock or accounts and that
is what the brokers would love to see happen.
So its "hang-tough" time, and time to keep emphasizing that
when Dell is growing at 3 1/2 times the industry rate other
companies are not going to be reporting good figures and we have to bear with the fallout from the downgrades.
Sig
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