Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Y. Samuel Arai who wrote (25908)	5/9/1998 12:21:00 AM
From: Jack T. Pearson	Respond to of 97611

I don't think that the announcement of Unisys getting part of the Dell service business caused Dell to surge 5 1/8 points today. (The Wang business was old news.) I think the market anticipates a blowout quarter for Dell when they report earnings on May 19. Dell has jumped 36% in the last three weeks. I think there are a lot of shorts covering. Half of Dell's gain came in the final 1/2 hour. There was a big imbalance in orders--more offers to buy than to sell. I suspect many of those buying were trying to get their orders filled today because they expect Dell to gap up on Monday morning.