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


To: Father E. who wrote (42363)5/15/1998 3:20:00 PM
From: Venkie  Read Replies (3) | Respond to of 176387
 
Why is the stock behaving so poorly today?

Pray for it Father...pls

10 minutes later..Its working..I will pray with you



To: Father E. who wrote (42363)5/15/1998 3:58:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
Hello Father, shouldn't you be asking such a difficult question to the 'boss' as opposed to us mere greedy mortals who tends to be ignorant more often than wise,of course at least in my case.<gg>

Sorry the $5.00 drop just made me cranky.So forgive me father for I know not what the heck I am saying.<gg>

[PS:I am just kiddin' with ya and meant no disrespect.]



To: Father E. who wrote (42363)5/15/1998 10:55:00 PM
From: stock bull  Read Replies (1) | Respond to of 176387
 
Father & ALL:, I think the reasons for todays sell-off are as follows:

Tom Kurlak (Merrill Lynch's semiconductor analyst) painted a pretty bleak picture for the semiconductor industry. He mentioned the problems affecting the semiconductor companies will also impact the equipment makers, and the pc box companies; ie, Dell and the others. The problems he pointed out include the chip makers over capacity for producing memory chips and micro-processors, the market shifting toward sub 1000 dollar pc's, and the situation extending past 1999. When pricing goes down, margins and profits follow. So, the institutions dumped the stock in a big way. Dell traded in the area of 32 million shares today. If Dell doesn't meet the numbers next week, the floor will fall out.

National Semi pre-announced yesterday...won't make their numbers.

HP's pre-announcement followed by the release of their earnings today.

The Fed meeting next week...many analysts are looking for a rate hike.

The SEA problem. Rioting, recessions, etc.

India and the atom bomb.

Hell, I stopping here as I'm now starting to depress myself.

When all this sh-t hits the wall at the same time, I can easily see why Dell dropped today. Dell's conference call had better address these problems and clearly explain why they aren't going to be affect by all this crap.

What's your take on the situation??

Stock Bull