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

To: Pices who wrote (52645)	7/22/1998 4:38:00 AM
From: William C. Spaulding	Respond to of 176387

How are you doing Pices! I'll offer a more detailed forecast as time goes, but I don't believe the 2nd half of this year is going to be nearly as good. The market will probably remain fairly flat until Aug, then climb again in the beginning. I expect a fairly big decline in the 2nd half of Aug, and September to be tepid (historically, September is the worst month of the year for stocks, although sometimes it's pretty good.) We could see another crash in Oct. More crashes occur in Oct than any other month! But I'll know better as time goes. I've already offered my opinion as to Dell's price. It may reach 130, but only briefly, and it will probably reach its highest point 1 week or 2 BEFORE earnings. It may not reach 130, but I'm fairly certain that it will pass 120, but only for a short time. Once it declines, I don't think it will reach a new high until November. I must say, though, that at these high p/e's, there's certainly risk here. Well, catch you later. It's good to hear from you again, Pices!