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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Lazlo Pierce who wrote (9482)	6/1/1998 3:31:00 PM
From: larry	Respond to of 18691

David, I did much worse than you did on DELL. Everytime I made some nice gains on DELL, I sold it and later had to buy back at a higher price. Now I am getting very smart on DELL. It's not unusual for DELL to get a 25-30% haircut whenever it grows too fast. I truly believe that if one buys at current level (77 1/2) and holds for a year, he can double his investment. Short term, DELL might retreat to high 60s. I will definitely buy DELL heavily between 67-71. The downside risk is about 10%, while the upside potential is 100+%. good luck, larry! Looks like Nasdaq is gonna test 1708 soon. I really wish to see another much stronger round of panic selling. That should create a huge buying opportunity.