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


To: Dr. David Gleitman who wrote (41470)5/12/1998 12:38:00 AM
From: FAISAL JILANI  Read Replies (3) | Respond to of 176387
 
I expect DELL to announce another split at the earnings release. That will trigger another 20-30 points upside move, DELL sales are growing at least at a rate of 60% and higher multiples are justifiable.



To: Dr. David Gleitman who wrote (41470)5/12/1998 3:29:00 AM
From: AlanH  Respond to of 176387
 
Where do you see the pull back going

The earlier post discusses diverse factors, making it difficult to predict a price-point. (IMO, "price targets" are often cited as specifics in order to validate vague research.) My focus is with direction versus magnitude; magnitude is more reasonably estimated after direction has been confirmed. In fairness to your question, I would *guess* that DELL will see 82-84 by Friday.

Just for grins, my current position with DELL (established 5/11 AM) is long June PUTS. In this light, I could be framed as a bear. Historically, my positions with DELL have been predominantly bullish.

Hope this helps. In any event, this week should be entertaining.