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


To: Sig who wrote (80149)11/14/1998 10:02:00 AM
From: Jerry Olson  Respond to of 176387
 
Hi Sig

actually the Internets are the DELL's of the future...nowhere in this market is there greater potential for profits except in the nets...

YHOO & AOL & LCOS & XCIT & AMZN etc all will be serious potential winners in the next 5 years of major proportions...as recently shown by AMZN's last Q...amazing amount of gross pouring into that co...

AOL 14 million subs...and growing rapidly...the continued use of e-commerce from every major BIG CAP Co.....these are buy & hold stocks as well as fabulous trading vehicles..

I looked at DELL this Am on my Point & Figure Chart...i'm a Dorsey Wright Follower...i don't use any other indicators whatsoever...

anyway...in P&F "speak"...DELL just ran up 20 straight boxes to an all time new high 73 1/2...it just reversed down 50% or 10 boxes to major support 63ish...BTW 60 is even more technically supportive...

there's 2 senario's here...on MON I believe the markets will rally big esp. the NAZ...DELL should fill the gap back towards 69...

if Alan G. cuts rates on Tues this markets going to all time new highs by the end of the year...DELL will go there too...no doubt...

if he does NOT cut on Tues, then my downside target for DELL would be 41, what I call it's BRL (Bearish Resistance Line), and recent crash number...

it would truly be one incredible opportunity to buy this stock at a discount, and put it way forever...

I also feel that this Q, will be the BEST Q for DELL...so if the markets & AG play ball, just hold!!!!!!!!

My regards, Jerry