Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 133.92

-4.9%

3:59 PM EST

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To: JRI who wrote (119034)	4/19/1999 9:56:00 PM
From: stock bull	Read Replies (2) of 176387

John, the reason for my pessimistic market call is based on the following: > The fall in the market is due to the sector rotation that we are all familiar with. Its not like last Oct when the global situation was the reason for the markets drop. > You have large Mutual Funds dumping shares valued in the billions of dollars. Guess you heard the Fidelity Magellan started selling a few weeks ago. Others are selling as well. > The y2k issue will not be resolved within a few weeks. IMO, it will take until the end of the 3 quarter to see how this issue is resolved. > The MM are now "convinced" that the growth has left the tech sector. I don't think they'll change their minds until they see a few quarters of growth once again. Your comments are appreciated. Stock Bull

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