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


To: freeus who wrote (20222)10/31/1997 11:41:00 PM
From: Michael Norton  Respond to of 176387
 
freeus, take the loss and rebuy if you believe it is going up and sell
the new shares at the high or keep.

I believe the stock has seen the worst.

Good Luck,

Michael



To: freeus who wrote (20222)11/1/1997 1:32:00 AM
From: Chuzzlewit  Respond to of 176387
 
Freeus <<Do you think that it will hold its level?>> I don't think that anyone can answer that question with any degree of certainty. It is clear that momentum players have exited this stock at least for the time being, and the shorts have established unrelenting pressure on the price. On the other hand, the fundamentals continue to look excellent, and depending on the quarterly earnings and comments by management the stock might rise significantly. So the short-term direction of the price is really anyone's guess. Long-term, however, I think the price will rise significantly over the next year.

The question you must ask yourself is are you comfortable with the risk of margined stock. What you've got now is about as risky a position as it gets. If it were me, I'd exit at least a portion of the position and take a tax loss.

Good luck,

Paul



To: freeus who wrote (20222)11/1/1997 8:47:00 AM
From: john krom  Read Replies (1) | Respond to of 176387
 
Freeus

I also margined 200 Shrs of good ole Dell @ 96 and change about a week ago.Never bought on margin before so Iam a little shell shocked. I came close several times this week to selling out and taking the loss. But I've owned Dell stock for the last 18 months and made quite a bit of "on paper $$$ "so with calming influence from my wife during the week I decided to stay put . In retrospect I wish I had only used my margin account earlier,like 12 months ago ! So with the past history of Dell I think we shall weather the storm and hopefully look back at this as just another hurdle that got in the way.Good luck to all in the coming weeks.



To: freeus who wrote (20222)11/1/1997 4:15:00 PM
From: Markus  Read Replies (1) | Respond to of 176387
 
Margin

Hi freeus

I don't think DELL will go much lower below the support level at $75. On Tuesday the $75 support was pierced intraday, but DELL bounced like a rubber ball on that day and closed at $91

However, to protect from anymore downside and margin call in this volatile market, you can buy DELL NOV 75 Put contract right now. It is cheaper now, since DELL is above $80. I am sure this downdraft is only temporary. DELL International exposure is very negligible. This thing is like the Networking killing and bashing in April. CSCO at $40 and now look where CSCO is.

With DELL the ride down can be pretty scary. It is not like some other stocks that just go with a slow long and painful death (my other stocks ESST, BOST look at the chart of these dogs). With DELL it is quick and ugly. But you have to keep calm and you will be rewarded.

It happened to me before in April this year. I bought DELL at $75 pre-split only to watch it went down to $62.5 in just four days. I pannicked and sell. The rest is history. I bought DELL back at $129 pre-split.

So have your put in place and relax.

Good Luck
Bye



To: freeus who wrote (20222)11/1/1997 9:17:00 PM
From: Mark Fowler  Read Replies (2) | Respond to of 176387
 
Dear Freeus, That's a tough call. If I were in your situation, I would hold on and do whatever is necessary to get you through in the short-term . Those shares of Dell are going to be worth some money someday. So a little sweat today will be worth it, if you can hold on.
There's is alot of negativism out their which is useally a positive for the stock market. The market climbs on a wall of worry. I think Nov. will be a better month for stocks. So let's hope that it's. Mark