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Technology Stocks : DELL: Facts, Stats, News and Analysis -- Ignore unavailable to you. Want to Upgrade?


To: solderman.com who wrote (163)10/8/1998 4:14:00 PM
From: Gabriel008  Read Replies (4) | Respond to of 335
 
Solderman, I've taken the opportunity to add to my positions over the last few days as I feel this market will bounce back dramatically shortly. The Fed may reduce rates ahead of its FOMC meeting in November and the U.S. may assume leadership in bailing out the IMF. These are 2 key elements in helping resuscitate this market.

I also feel that the MOT, AMD and Yahoo! positive earnings report helped lay the foundation for more excellent results next week and the following week - in particular INTC, CPQ, IBM and MSFT. This will also help the market regain some confidence.

DELL, as usual, will report stellar earnings in November and may actually have recaptured all of its recent price erosion by that time.

In markets like these it's very important to stay calm and look for bargains. DELL at $40 3/4 and Yahoo! at $97 1/2 this morning were excellent bargains.