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

To: Ian Davidson who wrote (69072)	10/4/1998 5:59:00 PM
From: Eddie Kim	Read Replies (2) \| Respond to of 176387

>>He says earnings estimates for 1999 are still at 18% and says this is NOT going to happen....they have to come down. Real earnings growth has been declining for about two years now, yet no one on Wall Street seems to care. They might if the dam breaks. Also, all these mergers in the banking industry are pure defensive plays. This should tell you something... The market will retest 7400 and it will most likely break. The psychology support at 7000 might hold; however, I have been reading a lot of TA analysis and they say 7000 will break. This week might be the last opportunity to jump ship before it sinks.

To: Ian Davidson who wrote (69072)	10/4/1998 9:26:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 176387

Ian: I have no idea what the market is going to do but they say when most of the brokers are bearish that is good sign that the market may have bottomed out and conversely when everybody is quite bullish on the market the opposite may be true. As for Manley's 'prediction' that DOW may go to 6500 or 6000 or whatever,well we were already down 2000 points on the DOW at one point in August or there abouts and now the DOW is over 1500 points down from its peak so what is another 1000 points or so? NASDAQ performed even worse I think it is down 300-400 points from it peak so what is another couple of hundred points. I try to follow the company I invest in and not try to time the market as I am not all that good at it.For all I know DOW could be 6000 or 10000 in a few months who knows! As Peter Lynch would say you stay the course if the company or companies you have invested in is/are doing what they are supposed to do and not worry about bull markets and bear markets etc etc.They tell me staying the course is the best strategy in the long run as opposed to trying to time the market,either you lose or would not make as much. Anyway if you are nervous and can not sleep at night on account of the financial mess around the world it may be best to get out of the market for a while until things get better. As for Dell all I know is in spite of all these violent moves in the markets I am making money with DELL,the stock is up over 160% or so for the year,go figure! Of course I have no earthly idea what the future holds, I think I will wait for the guidance from the company in Nov.