SI
SI
discoversearch

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 : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Ann Janssen who wrote (18042)3/3/1998 11:42:00 AM
From: TechnoWiz  Read Replies (4) | Respond to of 27012
 
Good Morning Ann: Following what amounts so far to be a sharp but brief two day pullback, I believe we are being presented with some short-term attractive prices as the market attempts to dig in at these lower levels. Ie. DELL is a whole lot more interesting to me this am at around 130 than at 143 3/4 yesterday. Same goes for CPQ at 28ish as opposed to 34 yesterday.

Keep in mind however, that I did warn that the potential pullback in Dell would be violent and unforgiving. That doesn't mean to say that it cannot rally back to new highs from here, especially if it recovers some from this rout.

With this in mind, I am fairly impressed by the brief period of time the market has so far been allowed to spend at the low end of today's price ranges. This is an encouraging sign that a bounce may be in the offing.

rgds

Wiz