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

To: dwdkc who wrote (162078)	10/12/2000 3:04:51 PM
From: edamo	Read Replies (1) \| Respond to of 176387

dwdkc....the major selling in dell, and others may be near the end....but the question is, will the large institutions who have sold dell for tax or other reasons once again establish large positions. if the last five quarters are an indication, then those that fled are not returning. with such a high float, dell needs large volume to move it up in a convincing manner.....conversely it can drift down without heavy selling pressure.... dell has sold off in a rather orderly fashion from low 40's in late august to the present....on high volume.... even at this price, would prefer to risk "opportunity", then "capital"... hopefully it will catch a ledge at 22-23, and build from here... good luck...ed a. p.s. if you look at a long term monthly chart of dell, the momentum is down with a possible next stop in the 16-20 range...not the best picture!