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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: Venkie who wrote (111883)3/24/1999 8:01:00 PM
From: Chuzzlewit  Read Replies (1) of 176387
 
Was today only a reaction to a very, very ,very oversold condition?

No! Today was a reaction to a very important increase in sales. You see, today my daughter's graduation present, a 500 MHz PIII with a 19" monitor and 128Meg of RAM, arrived. The market was very rational, and this information was immediately included in the price of the company. Maybe I should go back to school and somebody will buy me a graduation present like that! I'm so jealous I'm thinking of buying one myself.

I asked the delivery guy whether he is delivering many Dell units. He told me that mine was the third in the truck today, that he had delivered 8 units last week. He tells me that Dell deliveries have gone through the roof during the last several weeks, which seems to coincide with the PIII rollout.

That's what I call market analysis.

TTFN,
CTC
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