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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: AnnieO who wrote (135360)	7/2/1999 11:17:00 AM
From: George Wave	Read Replies (1) \| Respond to of 176387

AnnieO, Do you trust in your intuition? I place a lot of credence in mine. And it's telling me that a significant contributor to the stock's performance (or lack of) right now is the psychology within the market. But wait...I'm starting to sense rumblings...very positive ones...very powerful ones. Or is it just lunch time? One of Arthur's(Garrett's) MF supplements washed down with a cappucino would be great about now. Best regards, George Wave

To: AnnieO who wrote (135360)	7/2/1999 11:21:00 AM
From: GVTucker	Read Replies (1) \| Respond to of 176387

Annie, RE: We just need a piece of news that the analysts can give out in sound bites. In the mean time they are picking it up this morning real cheap. I still cannot understand how this attitude persists. The idea that Wall St. firms buy up a stock 'real cheap,' then get an analyst to pump up the stock, then sell the stock dear. News flash: Wall St. firms have about as much of an idea where DELL stock is going as the average investor on this thread--maybe even less, given that the Wall St. firms have to reside in the myopic world that sometimes restricts perspective. Next time you think that the Wall St. firms are playing this game, (buying a stock, pumping it up, and selling it) ask yourselves, "Why can't they perform great with their asset management subsidiaries?" Because the fact is that the Wall St. firms are poor asset managers. Their business is primarily packaging a product and selling it. They get paid to sell that product, not buy it and hope that its worth increases. Market makers for Wall St. firms don't buy up large blocks of stock and wait for the price to go up. If that was the case, the Wall St. firms would be jumping all over themselves to be market makers. Instead, they are actually getting out of the market making business. Market making is an obligation for Wall St. firms now, so that they can execute trades that originate out of research. Making money isn't an objective as much as making sure that trade doesn't go to another house. The firms that make the real money making markets, firms like Knight or Herzog, specialize in this area. And these firms have no analyst to 'pump' the stock. Instead, they make their money by making sixteenth after sixteenth, in addition to getting paid for order flow from firms like E*Trade. Wall St. can be a disgustingly scummy place. But there are lots of places where Wall St. is a lot scummier than in the market making trade, especially since the anti-trust suit forced spreads lower. This is particularly the case with DELL, where the spread is rarely greater than a sixteenth.

To: AnnieO who wrote (135360)	7/2/1999 8:13:00 PM
From: kemble s. matter	Respond to of 176387

Annie, Hi!!! RE: Just hang on guys. Things are looking better for the stock. DELL...the company continues to perform...in an outstanding manner. We just need a piece of news that the analysts can give out in sound bites. In the mean time they are picking it up this morning real cheap. IMHO Nice post...and accurate...Nothing is wrong at DELL unless you consider the fact that they need more help... :o) Now a hundred miles down the road ...I hear things aren't so peachy... Best, Kemble