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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Susan Saline who wrote (19995)	5/24/1999 12:41:00 PM
From: DanZ	Read Replies (2) of 53068

DELL. Sue, You are correct the close is more important than the intraday low. However, news came out this morning that some Internet Service Providers are giving away personal computers for free if you sign up for one year of Internet service. This is pressuring the big PC companies because it could change the entire business model by which they operate. DELL is considering giving away PC's as well. I would be out of DELL if the stock closes below it's 200 day moving average. IMO, the box makers could be in serious trouble right now. And even if the trouble never becomes a reality, the psychological impact of this new business model could pressure the stocks for a while.

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