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

To: Venkie who wrote (57944)	8/12/1998 7:09:00 PM
From: larry	Respond to of 176388

Venkie, Softie was at 101 1/2 last Wednesday and at 102 yesterday. The support for the issue is strong at 100, but that does not mean that DOJ will not flex its muscle and MM not try to drive the issue down to mid to high 90s. Same with DELL. It dipped to 98 1/4 last Wednesday in a hurry and 98 1/4 to 98 1/2 is our support level. I believe that we will retest that support level in the near future (before market stabilizes)...but that support should, IMHO. Also believe that we will trade sidelines between 105-115 for the next 6 weeks. If we rally heavily into next Monday, and DELL does not announce a split (not very likely), we will see some nice profit taking which can drive DELL to double digits. larry!