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To: JPR who wrote (14524)	12/13/1997 11:52:00 PM
From: Sonki	Read Replies (1) \| Respond to of 27012

paul, hot off the press on Dell's $6 M. day. Ur inverse head/shlder must be DELL's 6M day. (never knkow, some analyst must counting the loaded trucks in Dell's parking lot). i know what head and shouldler looks like ( i know it's not the shampoo) but can u explain me why that is bearish vs. why double top? why is inverted head/shoulder is bullish? am I right first of all that this is the case? =============================================== NEW YORK, Dec 11 (Reuters) - Dell Computer Corp's Chairman and Chief Executive Michael Dell on Thursday said that in coming years the company expects to conduct half of its customer transactions in cyberspace. At a keynote speech at the Internet World trade show in New York, Dell said the direct PC sales company is selling more than $3 million worth of products a day, or about $1 billion a year, through its site on the World Wide Web. A spokesman said that the company expected to conduct half of its business online by 2000. The Dell CEO said the company had had "several $6 million days" of sales during the past few weeks leading to Christmas. Speaking about the future of electronic commerce, Dell said the company views its site as key to its global growth. He said people are 40 percent more likely to to buy Dell's computers if they have visited the company's Web site. The company, therefore, has 17 country-specific sites in Europe and 16 in Japan and the Asia Pacific region. "We have seen international commerce ramp from zero to 17 percent of our overall internet business in six months," Dell

To: JPR who wrote (14524)	12/14/1997 5:11:00 PM
From: Brian Malloy	Read Replies (1) \| Respond to of 27012

Paul, I'm not a real TA type, especially in this type of market which is largely driven by emotion and overseas events with money bolting around at best on rumor and in some cases for no apparent reason at all. I think the DELL model is working fine. With minimal exposure in Asia, rising growth in the US and accelerating growth in Europe I look for DELL to be in the $110s in February. Playing short term with DELL or any other stock in this market is practically anyones guess. You can not hang your hat on TA much less fundamentals. Intermediate term I think things look quite good although one can probably expect swings of up to 20% both ways on the stock. Long term just buy it and hold it. Michael Dell is a young man that has grown up in and helped to found this industry. DELL will be a player in the 21st Century. IMHO Brian