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

To: Venkie who wrote (25237)	12/15/1997 9:42:00 PM
From: B Hewson	Read Replies (1) \| Respond to of 176387

Venkie, re "how fast Dell can go up." IMO, Dell is being held up in a bad tech market by both true believers/investors AND momentum players. Once the momentum players decide the direction is down (when there is a hint of margin pressure from Dell), we will all see how fast Dell can go DOWN. Tech stocks that lose momentum player support can lose hugely very fast. I have no position in Dell, just watching. Sold mine at 92 after nice run. The odds are more likely that Dell will break down than up. Did you listen to the conf call? There were hints of lower margins ahead. In this kind of market, the days when Dell soared up fast are gone. Barbara