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: McNabb Brothers who wrote (22382)	11/22/1997 4:19:00 AM
From: MarkM	Respond to of 176387

Gregory/Hank: I also think that the charts will hold true. DELL and CPQ have a slight downward bias at a fixed angle of descent, (just like they had an upward bias at a fixed angle of ascent prior during the last months). I think the market is taking a breather for these two; a well-deserved rest. After a period of stabilization during which people re-evaluate the worth and promise of these companies I think they will continue their merry march upwards. But in the short term I am 100% cash looking for an entry point on the downside. Look at AMAT ... does great and goes down. Look at CPQ ... does great and goes down. Common sense says that DELL will do great and go down too, dragging CPQ with it. Then I'm in. If I'm wrong, I haven't lost anything, since I'm in a cash position. I would then re-evaluate and search for new entry points. But if I'm right, I will have a very nice entry point in one of two great companies.