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


To: Venkie who wrote (44120)5/21/1998 2:47:00 PM
From: gial  Read Replies (1) | Respond to of 176387
 
DELL is a momentum stock, to stop the current decline and resume its upside climb, it needs some positive news to propel the upward move, ie, earnings, industry news. The earnings they turned in is great, but so is the recent sharp climb from $66 to $96 . I am also tempted to buy here, but unlike the momentum existed before the earnings release, I just don't see any convincing momentum right now to push it higher short term.



To: Venkie who wrote (44120)5/21/1998 2:57:00 PM
From: David Vanderpool  Read Replies (2) | Respond to of 176387
 
Venkie,

Your the first dell bull I've seen that is able to even moderately temper his emotional commitment to the stock. I believe you are right in saying that you will be able to buy it cheaper.....don't feel bad, it's not heresy.....just objective thinking. Anyone who doesn't think a stock that doubles in 4 months can't give back a sizable chunk of those gains is letting their love of the stock get in the way of clear thinking. It's a great COMPANY, but the STOCK is expensive.