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

To: MichaelW who wrote (49680)	7/3/1998 10:19:00 PM
From: larry	Read Replies (1) \| Respond to of 176387

MW, DELL is still consolidating in the low to mid 90s. I guess that this phase is about to finish and DELL should break 100 by the time they have annual meetings. I am almost certain that DELL will issue a very solid report this quarter. And I will hold DELL shares at least until the day they report earnings. I believe that if DELL is traded at ONLY 110 at that time, I will hold it through report. IF it hits 125-130 before the report, I will probably liquidate my shares because I believe that it will retreat on profit taking. Or buy out of $ calls and puts at the same time since DELL always moves wildly after they report earnings. One of the major reasons that DELL has not made new highs is that its last rally went to far. Nothing wrong with the report, but a fierce 50% rally (from low 60s to high 90s) needs some time to digest. my two cents, larry!