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

To: jjs_ynot who wrote (217)	3/19/1998 6:17:00 PM
From: Tradegod	Read Replies (1) \| Respond to of 2578

Looks like you called it for the week. I covered all my shorts at 62 yesterday. Feel like I may reenter tomorrow if it gets above 65 intraday. Feeling like we might see another leak next week given that the environment is weakening. BTW what about Rockwell's (modem maker) miss. Same with Boca Research. If modem, memory, disk drive,etc orders are softening, is that all coming from Compaq or is unit growth slipping for everyone, (incl Dell). Also, could price cuts add to the problem?

To: jjs_ynot who wrote (217)	3/19/1998 7:13:00 PM
From: Ally	Respond to of 2578

Hi Dave, Thanks for the explanation. Now I understand a bit more... forgot about the "big boys" that actually sell/buy stocks when there can be profit margins. D.

To: jjs_ynot who wrote (217)	3/19/1998 10:05:00 PM
From: lin luo	Read Replies (1) \| Respond to of 2578

Institutions usually write options, they don't buy. You need cash to buy, which they don't really like. They usually just write options against their positions.

To: jjs_ynot who wrote (217)	3/20/1998 1:17:00 AM
From: China Trader	Read Replies (2) \| Respond to of 2578

Dave, Thanks for starting this thread... I sense that the momentum of this thread is wearing thin, especially seeing another thread just popped up by Candle Stick. I think we should consolidate the 2 threads together. Anyway, saw an article on quote.yahoo.com about a Fed beige book release of tight labor market, and comments to the effect that the Asia crisis will not preclude a rate increase if the tight labor market persist to threaten inflation. I think this news can be the trigger point for the start of a correction tonight. Any comments? hui