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

To: mchip who wrote (11579)	7/16/1998 1:56:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 18691

>> There is something here... what do you think? << Out of all the things you talked about in your post, the #1 thing to focus on is this sentence: "Yes a constant up... predictible?," Who cares where you buy DELL? More all-time highs today. Constantly going up. I'd be sorry I sold some if ZITL hadn't made my day by running up so I could short a bunch. I think I can get a better % return out of ZITL, albeit with more risk. (My avg 7 13/16).

To: mchip who wrote (11579)	7/16/1998 7:09:00 PM
From: larry	Respond to of 18691

Mchip, DELL will correct after they report beating first call by 2 cents on August 18th. Only a perfect report can sustain such a ferocious rally. Sure I believe that DELL will march toward 130-140 by Aug. 18th. Then if they don't announce a split, look for sharp pull back to 110 and trade sidelines for several weeks. When DELL reports in Nov., it really does not matter since the market will be in a correction mood. So right now I am forgetting everything and just join the chorus to ride the momentum. Maybe it will drop next week after the DELL meeting (assuming that they don't announce a split) since it looks like the Nasdaq run is about to fizzle, especially since Mr. Sofite is unwilling to report a better number. larry!