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

To: Frank Ellis Morris who wrote (76574)	11/4/1998 5:03:00 PM
From: zurdo	Read Replies (1) \| Respond to of 176387

<<Maybe they read our spark on this thread and are trying to confound us.>>... Frank, that is precisely what is happening, IMO...The fat cats are trying to sucker us out of position...Don't forget the short interest...This stock is going to rocket up and catch most of us unprepared when it zooms upward and the shorts scurry to cover!!! Not this week -IMO...

To: Frank Ellis Morris who wrote (76574)	11/4/1998 5:43:00 PM
From: Jerry Miller	Read Replies (1) \| Respond to of 176387

"Shares of Dell have been sluggish while other stocks are roaring." "Anyone have any knowledge how analyst are viewing this?" Wrong! Rear Echelon Revelations: A Sea Change for the Market By James J. Cramer Nov 03, 1998 You know why I like this Nasdaq rally? Because it is NOT about Cisco (Nasdaq:CSCO - news) and Microsoft (Nasdaq:MSFT - news) and Dell (Nasdaq:DELL - news) . Don't get me wrong. I am long all three. As long as these companies continue to execute, I will be long them. But they have done enough. They have pulled more than their own weight. And when only those three companies make up an advance, the advance is too narrow to be sustainable. This rally is made up of everybody else. It has nice action in the drives, in the smaller semi stocks, in the biotechs, in some of the banks. It is action that is, well, healthy. Does that mean the rally is sustainable and lasts forever? Of course not. As we get closer to the Fed meeting, we will have selloffs as people debate the importance of more ease vs. the relative stability we have right now. But what is different this time is that more stocks are participating, making it harder to take down this market in the way it was when the advance/decline line peaked in April until the bottom in early October. Yesterday, as I saw 2,000 stocks advancing, I marveled to myself how special that is compared with what we had happening around here for many months. Lots of stocks are going up. And now, when you find one that isn't, you can no longer conclude that it won't. Instead, you might conclude that there is a seller of the stock who doesn't know that the tenor of the market has changed. How did this sea change occur? Some of it was pure valuation-driven. Little stocks got, and still are, way too cheap vs. the rest of the market. Those who buy the Russell, myself included, help jack things up as the index buying spills over into the actual stocks. Some of it was insider buying-derived. You just started seeing insiders buying over and over again and it emboldened you. Some of it was takeover-related. Boole & Babbage (Nasdaq:BOOL - news) and Sofamor Danek (NYSE:SDG - news) have been around for a while but didn't qualify as the big-cap safety everybody wanted. But mostly, it was relative. When the Dells and the Ciscos stopped making you money everyday, it let the spotlight fall on the bit players. It remains there as long as the performance continues. How 'bout those Net stocks? Someone emailed me and asked me to talk up the new Big Three: Amazon (Nasdaq:AMZN - news) , Yahoo! (Nasdaq:YHOO - news) and AOL (NYSE:AOL - news) . But stock action speaks for itself... © 1998 TheStreet.com, All Rights Reserved.