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

To: Ed Forrest who wrote (143268)	9/30/1999 8:49:00 AM
From: Sig	Read Replies (2) \| Respond to of 176387

Ed: Some thoughts on Dell stock price We have paid with nine months of pain and suffering for the 12 short days of glory in January when Dell went from $41 to $54. Looking forward, do we want to go through that same situation again by having Dell immediately go to $60 or $70? I don't expect Dell to hit 70 until early 2000. If Dell hit $53 tomorrow, it might leave nothing left but bounce, bounce, bounce for over 5 weeks until earnings and then maybe 6 more weeks after that. We know its going to bounce, since it is very typical of Dell to go up for 2 to 5 days, then down for 2 to 3 days. Since I am not planning to bail out of Dell, I would prefer a few days of glory each month, recognizing the price to be paid is maybe 25 days of what we have just gone thru. So 43 is a bit low, could be reasonably happy with 45 to 50, anything much over 50 and we are headed for some pain until the Nov earnings run-up. Summary: Just a few comments on pain resulting from fast run-ups. Ask any Sears or AVI holder about real pain. Regards Sig