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

To: Yaacov who wrote (159870)	8/21/2000 8:56:02 AM
From: Sig	Read Replies (1) \| Respond to of 176387

I agree with your non-shorting policy, regardless of what the atmosphere is today surrounding Dell Famous last words of bears who shorted Dell in Sept 1996 ( Dell is now $1180/sh) ........................................ With Dell at $80/share after it had advanced from $33 in March ............................................. Bear No 1 <<<< I hope you are right. I just went short on DELL at 81.5 yesterday. DELL is a great company and I had previously owned it's stock, buying at about 33 some time ago. Unfortunately, I did not ride it all the way up. It may be fairly valued at its current level, but, from my experience, this stock cycles and I think could be in for a correction as the PC competition heats up and margins shrink. ------------------------------------------------------------ Bear no 2 <<<< I don't know if you covered your dell but its price is getting rediculous. It is trading a 87 right now. Almost every time a medium to big cap stock has a big run up and then explodes to the upside it is close to a peak. I dought this is the exception. Dell will probably be around 70 in the next week or so. I am going to join you in Shorting Dell. -------------------------------------------------- Bear No 3. Brian, now is probably a good time to start a short position, even if it goes to 90 it will most likely drop below 80 in the future. It would be a good idea to wait for the expiration of options this friday before taking a large short position. I think DELL could have some more good news coming up however DELL will face more competition, lower margins and a saturated PC market. Anyone who buys a pentium will most likely use it for 3-4 years. Look what happened with the colour TV market, Zenith for example once in the 80's now in the teens. I watch DELL trade every day and it is now flucuating a few points each day, the previous 2 weeks it went straight up barely dropping back more than 1/4 point each day. There has been a ton of money go into the computer stocks in the last week, it won't last forever, fund managers get nervous with tech stocks around the end of each quarter, when you consider they can cash in a good profit now why take a risk. Best time to increase short position will be after a samll rise following a 4 point drop.>>> ......................................... RIP Regards Sig