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

To: jim kelley who wrote (19234)	10/27/1997 1:47:00 PM
From: McNabb Brothers	Read Replies (1) \| Respond to of 176387

jim, Then one could say that there has been a concerted effort to move the market up in the past also then! One can put the blame on anything, but I would be very concerned to be long on the high P/E and momentum stocks! That's the reason I'm staying short and will look at any bounce to sell additional naked calls on those such stocks! In fact a good bounce wood keep the premium high in alot of the calls that I've been selling and the calls that I would want to sell! Hank McNabb

To: jim kelley who wrote (19234)	10/27/1997 1:49:00 PM
From: William C. Spaulding	Read Replies (2) \| Respond to of 176387

Looks like the market will stay down for most of this week. Investors aren't necessarily going to rush back in until they can see where the bottom is. Also, I believe Mr. G is testifying before Congress on Wednesday, so definitely look for volatility until at least then. Right now, it's looking like Thursday will be a good day to buy some Nov calls, then wait until Monday to buy some more if the market drops more. To all you option buyers, remember, it is better to spread your options over time as well as diversifying into different stocks. That way you have a much better chance of making a profit. The way the market is really dropping now, it looks like the descent will continue. It may even CRASH! People might get scared with drops like this! Dell down to 83, now up slightly, but even that's -9 3/4!

To: jim kelley who wrote (19234)	10/27/1997 3:22:00 PM
From: Patrick E.McDaniel	Read Replies (1) \| Respond to of 176387

Jim, I'll make a prediction. Next October a lot of investors will get the jitters! :o)

To: jim kelley who wrote (19234)	10/27/1997 6:51:00 PM
From: Rio Jangada	Respond to of 176387

<It is perfectly clear that today is a down day on the NASD regardless of anything else. Almost no stocks are up! Almost all stocks are down. DELL's move is a beta move in sympathy with the broad market and irrespective of this quarters fundamental performance.> Well put and I agree completely! DELL and high-flying tech friends are VULNERABLE to these kinds of meltdowns. Now if you please, consider what will happen when DELL's earnings don't appear to match the torrid rise of the last 2 years. That's when we'll see the real carnage. Sure I'll take some profits on my short this week, but the real profit potential on DELL is still on the downside and is yet to come! The sales advances recently reported do not match those of years past, and says nothing about profits, which will be eaten by the widely reported rapid declines in computer selling prices. A 60-70% rise in sales and uncertain % rise in profits may no longer justify the 500% rise in stock price. Also, HWP is eating their lunch, INTC is buddying -up with DEC and HWP. Poor Dell will remain a 2nd tier, technology-following clone maker. The industry is catching on to its marketing and sales tricks. What more can Dell provide? RJ