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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bautch who wrote (1934)	9/23/1998 10:13:00 AM
From: Moominoid	Respond to of 2578

DELL is also behaving a lot more like the rest of the market (in terms of waves) since the peak at the end of August. The negatives on DELL are: FA: It is overvalued. How much is debateable but it certainly is. Great company but the price has gotten ahead of the value. Other sectors such as financials which were flying high now look reasonable value to me. TA: It (and some other tech stocks) are still far above their 200 day means etc. Some reversion to mean could be expected at some point.