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To: Patrick Slevin who wrote (36043)	3/5/1998 11:50:00 AM
From: Electric	Read Replies (1) \| Respond to of 58727

Patrick, I saw a downgrade from Strong Buy to Buy today, how original... When I see that in a day like today, I totally have no confidence in that analyst.. DELL is holding NICELY here.. I will sell tomorrow or Mon.. target 140-150 as before.. I havent changed my tune... alot of power behind it... Tell me what woudl make you think somthing has changed for the stock lately?? Nothing that I see.. not a peep from the CO.. in fact when was the last time they did peep? I am with you, if DELL corrects post split, which it did last time, I am back in with a leap... say a post split leap of 100 or so... I like those odds!!!

To: Patrick Slevin who wrote (36043)	3/5/1998 12:58:00 PM
From: donald sew	Read Replies (2) \| Respond to of 58727

Patrick, So far it appears the the market may close off its lows as it did yesterday. And lets say that the numbers are good tomorrow - I agree we should see a very short-term rally, with the help of the buy-on-the-dippers. Heard on CNBC that some were expecting a 200 point drop today. Such did not happen, and my understanding that the buy-on-the-dippers are keeping this market from dropping alot today. However, it appears that it is on lower volume, which if correct is not a good sign Also the pullback today, so far, is broad based, and not targeted at a few sectors. I checked the NEW HI/LO ratios and they have dropped substantially, keeping in mind that it is a leading indicated (still under testing though). This is only the beginning of the pullback and today's strength could be considered not substantial. This does not mean it cannot pop up tomorrow on good news, but the trend to the downside is only begining. I remain strong on my position that this is not the time to initiate long positions, unless one is going for small intraday moves. Seeya