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

To: Boplicity who wrote (39451)	4/28/1998 11:27:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 176387

Yea, I figure as long as the bulls of all bulls are still confident that there's lots of downside left. DELL's vol has picked up recently on these down days. Today included since we opened at the high of the day and went down from there. I spoke of the light vol that this stock rose to new highs on over the last few weeks. To me that is a major sign of weakness. Let's be honest, every analyst absolutely positively loves this stock. My contention is that due to the high PE on this stock and the slowing nature of the PC bus, DELL's days are numbered. Lots of room to get out of favor when EVERYONE loves you despite the problems in your industry. I can be the best E&P oil co. in the owrld, but if the crude mkt is flooded w/ oil and the mkt tanks, the price will eventually catch up w/ me. It will catch up w/ DELL as well. IMO -Lucretius