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


To: Venkie who wrote (50033)7/7/1998 4:19:00 PM
From: larry  Read Replies (2) | Respond to of 176387
 
Venkie,

After reading the tape for DELL for several sessions, I find that there is one big seller always being super active during the last 5 minute of trade. The stock was at 91 7/8 before this guy sold about 170 k shares which dragged the price down to 91. It was the same story for the last 3 to 4 sessions. Seems someone is determined to put a lid on the price of DELL.

However, I guess that this is definitely the time to buy more DELL. GTW is one step away from making a new high. DELL will be there soon. It's very possible that the MM is trying hard to pull the price lower to attract some big buyers. Or maybe they have loaded up July 95 call and don't want to see the issue break that level.

larry!