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To: Bill Harmond who wrote (26239)11/16/1998 3:30:00 PM
From: Rob S.  Respond to of 164687
 
Yes, it does. It may pull down to 50-55 short-term. Michael had some things to say recently that clouds the picture a bit and Compaq and others are picking up momentum with their direct sales. Dell still leads their field (direct sales) by a considerable margin but the competition is getting a bit tougher. I wouldn't bet against them in the long-term.



To: Bill Harmond who wrote (26239)11/16/1998 3:31:00 PM
From: Techie  Respond to of 164687
 
I shorted NVLS this morning. 3ple top and IMO there is no way it's going to break out of 50 anytime soon. The RSI was 88+... but I just covered it because of AMAT's earnings. One never knows... Others I like on the short side are IM and MU. I've had MU since wed or thurs, but it's still good at least down to 40. These are just quick trades, I'm not marrying them.


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