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

To: OLDTRADER who wrote (137451)	7/24/1999 11:35:00 AM
From: Sam Bose	Read Replies (1) \| Respond to of 176387

Hi William! My market call on DELL, for what its worth, right now is UP too, for several reasons: the OEX is holding the line and Put open interest is heavy on the OEX. It will take a week of steadiness to work off that open interest. DELL had a good day Friday and I expect that to follow through Monday as the broad market firms. However Greenspan speaks on Wednesday at the Senate Banking Committee and although I don't expect him to say anything more damaging, the bond market will again probably still hold its breath, spooking the S&P Futures traders which in turn will hold down the general market. Also the GDP and Employment Cost Index reports (watched closely by Greenspan) are due out Thursday, putting a damper on any rally attempts until they're out. As a trader I will probably sell rallies and look to go short stocks, but other than DELL. I believe DELL intermediate term will hold up really well against market corrections due to earnings coming up and Gateway's solid numbers this week. Best wishes, Sam