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

To: Eric S. who wrote (32158)	3/4/1998 6:02:00 PM
From: Andy Yamaguchi	Read Replies (1) \| Respond to of 176388

Dell's up trend will not change for long term. But short term, highly likely to test 100-120 in a month. Good trading. Andy

To: Eric S. who wrote (32158)	3/5/1998 12:01:00 AM
From: David E. Taylor	Read Replies (1) \| Respond to of 176388

All depends on whether Michael Dell or Tom Meredith comes out with some reassuring statement like they did last May when this happened. Both they and "Earl the Pearl" Mason from CPQ were on the wires last 5/30/97 right after Intel's 2Q warning, and they turned the markets (and DELL/CPQ stock prices) around, they both closed higher. You're not going to hear much from CPQ after Monday's ML conference, and I haven't (yet) heard anything reassuring from DELL -- has anyone? Absent reassurance, expect initial panic sell off of all computer related stocks (except CPQ, which is about as beaten down as it can get), DELL could drop into the 120's before recovery - buying opportunity! If that happens, IMO we'll be lucky to see 135 or so by Friday. David T.

To: Eric S. who wrote (32158)	3/5/1998 1:21:00 AM
From: David E. Taylor	Read Replies (1) \| Respond to of 176388

FWIW, last 5/30/97 when INTC preannounced before the opening, DELL dropped from 110 (5/29 close)to a low of 100 before recovering to close at 114, almost it's previous high on 5/29 of 115. But, as I pointed out in my previous post, this INTC warning is much worse -- (1) INTC Q1 earnings will be off 25%, (2) no warning -- last year INTC, DELL, CPQ et al all shed 5 points in the two days prior to 5/30, so the news had leaked out already -- this year it seems completely unexpected (except for Kurlack of ML and a few others), (3) Intel is blaming the bad Q on "weak OEM demand", (4) CPQ won't say anything. While it's somewhat reassuring to know that DELL gave the analysts an upbeat briefing today, that's not going to assuage the panicking hordes in the morning, and neither is the upbeat close in DELL today. What will be needed is Michael Dell on CNBC Squawk Box telling everyone that DELL is having a great Q1 despite INTC's woes. Good luck. David T.