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Technology Stocks : Dell Technologies Inc.
DELL 136.84+2.2%11:36 AM EST

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To: Boplicity who wrote (129745)5/28/1999 5:30:00 PM
From: D.J.Smyth  Read Replies (1) of 176387
 
also Greg, your statements that Dell has probably seen it's day due to relative money flow borders on a form of manipulation which is a reflexive concept, i.e., you wish to buy Dell again in the $20s. People have respect for your ideas, thus, they may follow your path. The same is true with analysts. Kumar is guessing on future financial unknowns. He doesn't know. He was dead wrong in mid 98 about market sentiment for Dell regarding PC growth. On his comments alone Dell dropped from $30 to $22 in two days. He called the numbers correctly one month later but gave no strong buying sentiment after Dell recovered and went higher to $37 before earnings. After earnings Kumar was back to his old self again. Blah Blah. Dell raced ahead to $55 and he was rushing paperwork to find out why. It had something to do with networking with IBM. Pure sentiment money flow. But Dell at $55 is truer based on future expectations which 3G could bring than Dell at $34.

Soros freely admits to manipulating currency markets in Asia - sometimes for no other reason than he could. Dell also has it's manipulator - Michael. If MD were to say over the weekend - PC sales remain strong and we see no let up for the remainder of the year - is Dell true at $34 any longer since the market never lies?
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