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

To: Lucretius who wrote (339)	4/7/1998 5:58:00 PM
From: jjs_ynot	Respond to of 2578

You could see this coming; 204.162.156.45 I think 60 offers considerable support with the ultimate downside filling the gap from early March down to 55-56.

To: Lucretius who wrote (339)	4/7/1998 6:00:00 PM
From: jjs_ynot	Read Replies (1) \| Respond to of 2578

This is dangerous. It's almost getting respectable to be a BEAR. It isn't this easy. Oh well just enjoy the profits.

To: Lucretius who wrote (339)	4/7/1998 6:01:00 PM
From: fred woodall	Read Replies (2) \| Respond to of 2578

WIRE:3DLabs Inc. shares fell 15% Tuesday after a report that one of its key customers, Dell Computer Corp., had pushed back a key order. 3DLabs (TDDDF) shares closed down $3.688, or 15%, to $21.50 on volume of 556,000 shares, compared with an average daily volume of about 199,000 shares. CIBC Oppenheimer Corp. analyst Lenny Brecken said he was expecting for 3DLabs "to get a sizable order in June from Dell." It now looks like the Dell (DELL) order will be delayed until sometime in the third quarter, he said. Brecken said he cut his earnings estimates on the graphics-chip company as a result. His 1998 estimate fell to $1.33 from $1.72 a share, but he didn't change his "strong buy" rating on the stock. His price target remains in the low 50s, he added. "Although it's a disappointment, it doesn't change my opinion that order rates will be higher through the year," Brecken said. -Christopher Grimes;