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


To: PAL who wrote (77589)11/10/1998 12:15:00 PM
From: Sig  Respond to of 176388
 
<<<< The high level of short on 11/01/98 was the result of Dell appreciating around 50% from the market downturn in early October (in the 40's) to the last week of October (around 60). The market probably anticipate that fast runup will be followed by a pullback.>>>>>>
Thanks,your a real pal. I suffer from a perhaps erroneous perception that Dell is a growing company not subject to pull-backs.
Just a feeling,you know,nothing solid to go by,I mean they could cancel those 9 new buildings planned in Austin or stop the Brazil project. Grow at only half the rate of the last 5 years, maybe only 150% a year. Might even pull back after earnings from 80 to 70 for a few weeks. I could go talk to CS, Hank, Larry, Flamethrower,
see how is best way to make money off them old pullbacks.
Sig