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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: Tradegod who wrote (202)	3/17/1998 4:08:00 PM
From: jjs_ynot	Read Replies (1) \| Respond to of 2578

It's possible that there was some covering today. Pretty heavy option volume it seemed to me. What is your guess at end of week close?

To: Tradegod who wrote (202)	3/17/1998 9:29:00 PM
From: Ally	Read Replies (2) \| Respond to of 2578

>>Dell can't join it. 10 million shares traded. spent most of the day between 61 7/8 and 62 1/8. Tried to rally near the close to 62 3/4, but then sold back to 62 3/8. Market/environment factors deteriorating>> MU's report today seems to be yet another confirmation of the slow down of the pc industry.... deflationary cycle setting in.... perhaps analogous to ram chips, too many, too easily produced. Dell's upside resistance even when Dow is up could lead to a double whammy should Dow undergo technical selling.