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


To: Jonathan Rothschild who wrote (20099)10/31/1997 1:14:00 AM
From: Ruduee  Respond to of 176387
 
hello, Jonathan
I think DELL will bottom/stablize between 60-65.

depend on market condition, it may drop further before all this asia turmoil calms down.

shorts may be a better play right now.

Regards,

Ruduee



To: Jonathan Rothschild who wrote (20099)10/31/1997 1:24:00 AM
From: Brian B. Cole  Read Replies (4) | Respond to of 176387
 
If Hong Kong goes positive tonight(they will)..The shorts are going
to get clocked on Friday..Go Hong Kong!!!!
The BULLS will be romping on FRIDAY... TRICK or TREAT!!



To: Jonathan Rothschild who wrote (20099)10/31/1997 8:52:00 AM
From: Paul Merriwether  Respond to of 176387
 
I agree with you. "These are not the type of stocks
you would want to buy on margin at their highs. I've seen this before. These stocks
can drop by two thirds within a month under these market conditions"

I thought micron was way overpriced in summer '95. I shorted it at
85 and watched it tumble to 50(with great satisfaction). I was
psyched into covering(by ANALysts and friends) and I did SO much
"research" into it that I actually went long. With margin. The
result was that I lost a LOT of money. I eventually dumped that dog
at 25 in fall '96.
I don't think DELL is going to be quite that bad since there is
nothing fundamentally wrong with the company(except M. Dell's
attitude about the sub 1000 PC's). Actually he reminds me of that
DEC ceo(in early 80's) who thought that pc's were just a fad and
minicomputers were the way to go...