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

To: tsyl who wrote (57827)	8/12/1998 12:25:00 PM
From: yard_man	Respond to of 176387

Don't know about your theory, but the question is a good one.

To: tsyl who wrote (57827)	8/12/1998 12:49:00 PM
From: jhg_in_kc	Read Replies (2) \| Respond to of 176387

In the past two run ups to earnings announcements (Feb 19, May 19) Dell went up about 50% then retreated about 20 %+ I am doing this from memory so these are not precise. IN February the stock beat the estimates and the whisper and after earnings were announced it continued to go up (clear to 139) before the stock split;then in May the newly split Dell stock went up 50% to 98.5 on earnings announcement day, then didn't beat the whisper, and fell rapidly 5 points the first day, down to 78 before stabilizing at 80. THis time the run up is much slower because of all the Asian worries. I still believe it will get to near 120 on earnings announcement day. IF as people are thinking, these numbers will beat the whisper then it can go up another 15 or so points before dropping 25%. THe 120 figure is similar to past run ups, 50% added on to 80 = 120. Decline after the high would be about 25 or so points, if it holds to this pattern that I've observed. Asia is a headwind though, slowing us down. If Dell fails to beat the whisper for two quarters in a row though, the stock will fall much more sharply than in the past. jhg