Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Boplicity who wrote (19545)	10/28/1997 4:48:00 PM
From: Paul van Wijk	Read Replies (1) \| Respond to of 176387

Greg >> But what were the shorts up to? What are they doing?!!!! Not sleeping well. As always. Paul

To: Boplicity who wrote (19545)	10/28/1997 8:11:00 PM
From: Paul Merriwether	Read Replies (4) \| Respond to of 176387

Greg I have been shorting DELL successfully since it was at $102. Believe me it has been a LOT of fun. The only time I lost money was when it hovered around 100 interday, and I wanted to do other things with my play money. Menahwhile I have been keeping an eye out for DELL downward movements. I covered my short around 81 yesterday, was dismayed that I missed the boat to its downward spiral to 73. Am short yet again at 89. DELL has nothing special to offer any more. It is a commodity producer with some neat operations management/expense control tricks(easily emulated). It has little R&D(unlike HWP, IBM and DEC), is too arrogant to make sub-1000 systems and is slowing down(I think the projected growth rate is 20%). All this spells trouble. In fact, I am betting $90,000 that DELL will go down to the ground. Sanity will prevail. It always does! Best regards and good luck -P

To: Boplicity who wrote (19545)	10/28/1997 8:20:00 PM
From: Patrick E.McDaniel	Read Replies (1) \| Respond to of 176387

Greg, the Bears may come to life very soon, Intel isn't increasing their buyback program. Pat