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


To: Sig who wrote (42223)5/15/1998 1:28:00 PM
From: Ramin Motakef  Read Replies (1) | Respond to of 176387
 
Sig,

I also remember that day, last year, when Intel dropped over $20. I watched DELL drop over $10 in sympathy early that day, to recover all of it by the afternoon. The lesson I learned was that the stock movement of DELL and Intel are closely related to each other. Void of any other news , a drop in Intel's stock price is also reflected on DELL's.

As far as I know, DELL's fundamentals have not changed. No warnings or bad news has been released.Seem to me it's another buying opportunity due to somebody else's bad news (Intel's).

Today is also option expiration day. "Naturally" or "unnaturally", stock prices move drastically to the either extremes (i.e, KTEL is up $3 ). Monday should be reversal of today.

Ramin