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


To: Sig who wrote (54819)7/28/1998 5:54:00 PM
From: USRX888  Respond to of 176387
 
End of Month------

Inventory of stock of MMs to unload to buyers over next few days.
Take a few points every time............
Should see steady rise over next few weeks before earnings.
M DELL does not disappoint...............

USRX888




To: Sig who wrote (54819)7/28/1998 6:06:00 PM
From: Don Martini  Read Replies (1) | Respond to of 176387
 
Excellent insight, Sig, Thank You!! This obvious consequence had escaped me. Odds are it will be a down morning for the market and I'll plan accordingly. Good chance to get some cheap calls.

I like this thread, it pays you to watch it.

Thanks again Sig!

Don



To: Sig who wrote (54819)7/28/1998 6:31:00 PM
From: Logos  Read Replies (1) | Respond to of 176387
 
RE: <<<< can anyone explain what happened to the DELL price>>
Money Managers did not want to hold stock overnight because newsmen will play this thing to the hilt tonight and talk about Mr.C resigning(fat chance!!)>>

That may be valid in a few cases, but I don't think it is entirely accurate. Dell and other big tech stocks fell, but a lot of other stocks, including the NYSE actually rose (check the chart). So the late selling seems to have been concentrated only in the tech sector, especially the NASDAQ leaders. I don't why this happened, just that it wasn't all money managers doing it.

Logos