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


To: Jim Patterson who wrote (26711)1/1/1998 11:37:00 PM
From: Meathead  Read Replies (3) | Respond to of 176387
 
re: All I care about is what the stock does. That is all anyone
on this forum should care about.


Fundamentals ultimately drive the stock price. That's
another thing very important to this thread. If you're a short
term trader... fundamentals mean nothing. To me, short term
noise means nothing. My goal is to follow, track, analyze the PC
industry and Dell's competetive position within it. This
is based on as much factual data as possible. It aint easy
and not a job for the lazy.

Believe me, I threw my rose colored glasses out a long time ago.
Been burned many times by investing in stocks who's industry
I knew little about.... listened to the media.

I contend that now is not like the history of the last
18 months.


Sorry Jim, but that statement is comical. When has it ever
been?

You're right though, ultimately, the market will decide.

cheers

MEATHEAD



To: Jim Patterson who wrote (26711)1/1/1998 11:45:00 PM
From: hpeace  Read Replies (2) | Respond to of 176387
 
JIm, you don't think about a postion you have held since before cpq was public and made you a millionaire and if you sold any of the stk the gov't would get 33+% plus you would get hit with the alternate minimum tax.
everytime I sold chunks of cpq...I regretted it later..
In fact the chunks I sold before the 87 and 90 crash can be looked at now has financial disasters and some of the stupidiest decisions in my life.

as for rose colored glasses....you have to be kidding.
you have never purchased 50,000 dollars worth of puts in your life.
or purchased 500 contracts of cheap puts in your life.
or $50,000 worth of calls or what about 900 contracts
You have no idea what you are talking about...you have the rose colored glasses not me.

Our points about your posts is they are not facts and they are not technically correct.
why don't you just say ..dell is going to crash.
leave out the reasons and you might be correct.
it's your reasons that don't hold water. in fact some of your reasons for dell to crash are actually reasons that they will not crash that's how off they are.



To: Jim Patterson who wrote (26711)1/2/1998 10:46:00 AM
From: JPR  Read Replies (2) | Respond to of 176387
 
Jim:
<<It can easily trade between 50 - 100 for the next few quarters... especially is things are deteriorating for Dell as you say they are.>>

You have been wondering about the trading range on DELL. I am not yet as sophisticated as others in reading the charts. Anyway let me present to you what I see in the charts, which may be right or wrong.
I welcome any constructive comments from other threaders.

Dell has been forming both upright and inverse Head and Shoulders formations, say from early October to now. At this moment it is in the process of forming the right shoulder in the inverse mode. Right around the middle of October it was around 102.5 at the first head ( in this instance), the inverse head on 11-12-97 at 72, upright head on 12-08-97 at 96, and inverse head on 12-24-97 at 77.50. As you see if you project the upright and inverse heads towards your right on the chart, you get a trading range between 80.5 and 90.75 in the near future.

As I said I am not an expert, but I could not ignore the compelling data on the charts.

Paul