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Technology Stocks : DELL Bear Thread

DELL 152.40

-1.5%

Nov 5 3:59 PM EST

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To: lin luo who wrote (2468)	4/10/1999 9:42:00 PM
From: lin luo	Read Replies (1) of 2578

It seems DELL is at the same worst shape (from the chart) since the UPS strike in later 97, and it had a huge rally since then. For those who believe the chart, this might be a good entry point, especially during the CPQ crisis. I will start with scale-dowm sell of long-term puts ( for those who can do it), otherwise, do the scale-down buy. I still think Peter Lynch fooled a lot of people by saying buy what you know (or it is the other guy). How much do people know after all. He made his name by buying everything - not what he knew - which not many people can do.

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