SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 120.50+1.5%2:45 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: T L Comiskey who wrote (124727)5/14/1999 1:07:00 PM
From: Mohan Marette  Read Replies (2) of 176387
 
Thomson I-Watch on Dell's action today.

Tim:
Here is a little something I found at Thomson I-Watch.
=====================

DELL -- Pers Computers -- Technology
14-May-99 11:45:24

Shares of Dell are off $1 1/4 at $42 on solid volume this morning. The stock is trading in-sync with broader market trends as investor sentiment turned negative in reaction to this morning's economic data. A review of the Dell's trading data revealed that institutional investors are not behind today's sell-off - which is a relatively positive sign for the stock. Just 13% of this morning's volume stems from block trades which means that short-term oriented day traders have taken hold of the reigns in the session.

Institutional selling behind today's decline would portend of a much more precarious long-term trading situation for the stock. I-Watch shows that pre-trade indications from institutional brokers have trailed off over the morning with the current data skewed toward sellers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext