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


To: gc who wrote (21064)11/10/1997 9:15:00 PM
From: LightPen  Read Replies (1) | Respond to of 176387
 
<<This seems to be a good indicator that the stock has reached the bottom and will go higher.>>

If I remember correctly the stock reacted the same way last Q.

It corrected to 75 and bounced back to 86 just before earnings

The shorts do not have the nerve to ride DELL through earnings



To: gc who wrote (21064)11/10/1997 10:51:00 PM
From: SuperSonics  Respond to of 176387
 
Gary,

"Every time a stock goes down, some bears start to come out and predict that the stock will go even lower. This seems to be a good indicator that the stock has reached the bottom and will go higher."

If you trace my post, I was on the short side when the stock was hanging around 100! I hope I had shorted more than I had!