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

To: Time Traveler who wrote (50229)	7/9/1998 7:25:00 AM
From: Mohan Marette	Respond to of 176387

Oh geees TT you have put me on a spot here. Mohan, Why are you so confident that DELL would 'kick ass' tomorrow (going up)? There is no doubt that Yahoo! is going to. Wouldn't that drain the capital to fuel DELL's rise, just like we have witnessed in the previous three trading sessions? Time Traveler Oh I don't know but let us just say things are looking a whole lot better overall than a few weeks ago. For one thing Japan looks like they are finally ready to do something about their problems, European markets are making all time highs,we don't hear about Asia every other second,Dell is on the last stretch of Q2 and earning will be out in 5-6 weeks-annual meeting next week,technology sector in general finally coming out of the doldrums including the chip-makers & equip makers,Yahoo's blow out results should help the tech sector today,and finally human psychology and a general sense of well being and euphoria. As for money going into internet stocks, may be so to a certain extent but there is more to it than just internet stocks as a lot of people don't much care for them as they believe they are overvalued,hyped up, no profit,fad stocks [though Yahoo is an exception].Also there aren't too many internet stocks floating around to trade, the top 5 internet companies combined only have less than 50 million shares to trade,in Yahoos case their float is less than 7 million.A lot of people just like to inevest in proven companies such as DELL than high flying stocks or the flavor of the month or STOCK DU JOUR as it were. But mind you I could be dead wrong but one thing for sure though Dell will be in triple digits before you can say yahooooligans.