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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Glenn who wrote (153)	11/15/1998 3:24:00 AM
From: Nandu	Respond to of 90042

My best guess is buy dell on wednesday morning. You are obviously assuming the no rate cut scenario. A lot of people, including almost eveybody on this thread, seem to be assuming this. I think the odds are still in favour of a rate cut, and I am trying to figure out which stocks will gain most from a rate cut.

To: Glenn who wrote (153)	11/15/1998 4:49:00 AM
From: Cheeky Kid	Respond to of 90042

I personally wouldn't touch DELLBEAR with a 10 foot pole. But that's me, it's very late and I can't think straight.

To: Glenn who wrote (153)	11/15/1998 12:05:00 PM
From: Rick Faurot	Respond to of 90042

Glenn, I think Dell has support in low 60s and will see 70 next week. I also think the Fed will cut 25 basis points Tuesday. Most economic analysts (as opposed to market analysts) say that the rate cut is inevitable to support continued liquidity in credit markets, which had tightened to dangerous levels after the hedge fund debacle. Greenspan obviously hates the idea of cutting into a hot market and relatively solid economy, but the credit markets issue has him over a barrel, IMO. I don't think a cut will reignite the market as the last one did as we have had such a huge recovery already, but some stocks will benefit and I think Dell is one. Its numbers were good and it is still a darling of fund managers and brokers. Rick