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

To: stock bull who wrote (45784)	6/1/1998 3:46:00 PM
From: JRI	Read Replies (1) \| Respond to of 176387

You are certainly right that the stock fell in some part due to missing the (silly) convention know as the whisper number. How much, who knows? I would venture to say not as much as the effect that the overall (tech) correction has had an effect (on the drop in stock price). If you go back a couple weeks, I think you will find the CPQ, Intel, GTW, and others starting falling when Dell was around in the low 90's or 90, and have fallen pretty much in sympathy. Dell usually does fall further than the general market, but, of course, blows it away on the upside. After the run-up so far this year, it is not surprising that it would fall a little further. I think the next 3-5 weeks could see continued volatility, Dell could pop back into the mid-80's or fall another 5-7%, but things are setting up nicely for a summer rally. Investors, muni-fund boys will wake up in a few weeks with a lot of cash, interest rates at 5.7% (and going lower), no Fed hike in sight, some great companies (like Dell) who deliver consistent outstanding growth off 25% or more off their highs, and no better alternatives to put their money. Barring some news that we haven't heard yet from Dell or the industry, Dell the stock will continue to perform well......Dell has emerged from the computer (tech) industry downturn with its fundamentals having nary a scratch...