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

To: CRICKET who wrote (41827)	5/13/1998 2:52:00 PM
From: CRICKET	Read Replies (1) \| Respond to of 176387

To All Dellheads, Here is what was published in Roger Perry's Right Line Split Report. I only forward this in fairness to Roger to not be misquoted/interpreted. Read carefully! Dell Computer (DELL) - I felt compelled to lead off with DELL this weekend after the performance it put in last week. There are few doubts that I am a bull on DELL. Have been for years and continue to be. I am also a realist and a trader. I realize that all stocks must rest at times and DELL isn't excluded. However, last week wasn't one of those times! Last weekend we wrote, "Just keep the trailing stops in place and enjoy the ride!" What a ride it was. Friday, DELL capped the week flying for 5.125 to finish the day at 91.75 right near its high of 92.00, both all time highs and up on the week from 84.25. DELL had broken out on April 30th, paused in honor of the market weakness last Thursday only to resume on Friday with a vengeance putting in the kind of volume that we are accustomed to when DELL is flying. DELL announces earnings on Tuesday, May 19 after the bell and unless some clever analyst announces a valuation downgrade, there isn't much in DELL's way to impair it's breakout. If the upside breakout continues, an upside earnings surprise will be factored into its price which increases the risk of holding DELL for earnings. DELL's last two split announcements on 2/18/98 and 5/20/97 came when they announce earnings when the stock was trading at 113.18 and 99.625 (split adjusted) respectively. No, I don't think we get a split announcement this time around, but at the rate the stock is moving it shouldn't be long! Optionable. Cricket