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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Susan Saline who wrote (19997)5/24/1999 1:09:00 PM
From: DanZ  Read Replies (1) of 53068
 
DELL and news.

Sue,

My belief is that the way a stock reacts to news is more important than the news itself. In this case, DELL is not reacting well to the news. The stock has the potential for a triple bottom at 35 3/8 if it holds. From that perspective, it is a good trade. However, if it doesn't hold I personally would be out of it. Just remember that sometimes even "good" stocks go down.

Best of luck with your position.

Dan
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