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


To: Boplicity who wrote (142735)9/24/1999 10:05:00 AM
From: TRCM  Read Replies (2) | Respond to of 176387
 
Greg - Re <<<He shouldn't have made that comment>>>

The equity markets will pounce on any excuse for a sell off. Any benign inflation data (CPI & PPI) has been met with guarded optimism at best, and any negative news leads to mass panic. The comments made yesterday, although somewhat inappropriate, were blown way out of proportion. Microsoft has a long history of talking down it's stock price for a variety of reasons...It was one man, not Greenspan, and one opinion...The reality is the markets are in correction mode, bear market sentiment will be riding high into the Oct 5th FOMC meeting...Classic over reaction on the down moves...As for the economy, I doubt there is anyone who would argue that there is something "wrong" with it, in fact it's just the opposite. Asian economic resurgence has led to the dollar/yen sell off, which has also fueled bearish sentiment. Let the panic subside, and locate the value...DELL should see good support between 41 and 42...I doubt we will see 40, FWIW.



To: Boplicity who wrote (142735)9/24/1999 10:34:00 AM
From: stock bull  Read Replies (3) | Respond to of 176387
 
Gregory, what Ballmer did was yell, "fire in a crowded theater". We all know the problems that the markets are dealing with. IMO, Ballmer should have kept his mouth shut. What in hell did he have to gain by making his statement about the tech companies and their valuations? He's sure one lousy example of a CEO. Compare his style to Chambers, Dell, Gerstner, Case, et al.

Oh well, Ballmer said what he said, many people paid the price, including his own employees. Guess life will go on and the markets will recover sooner or latter.

Stock Bull