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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Obewon who wrote (18586)2/28/1998 5:27:00 PM
From: John Koligman  Respond to of 97611
 
Anyone - Sort of a 'technical' question, slightly *off topic*. I've been looking at the SI chart on Dell and noticed that the huge rise in Dell's stock price appears to have occurred without any correspondingly huge increase in volume. All the trading books I have read usually say something to the effect that price breakouts on increasing volume are very bullish. Does the Dell pattern mean anything to the techs out there? One theory I have is that maybe this buying has been mostly retail in small lots as small investors have gotten more and more excited about the Dell story. I've certainly seen it both on this and the Dell thread, as there have been multiple postings stating that 'I've dumped my CPQ and bought Dell'.

Thanks,
John