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


To: TigerPaw who wrote (81317)11/19/1998 11:33:00 AM
From: D.J.Smyth  Respond to of 176388
 
for those who despise TA:
(this posted today on DTN)

Overbought market unable to rally on Fed ease
by Stewart Winograd
DTN Stocks Editor
"The market's response to the latest Fed easing has been very mild,"
Christopher Cadbury, editor of the Cadbury Fax Service newsletter in New York,
told DTN Thursday.
"The market is way, way overbought and due for a correction," Cadbury
said. "The S&P 500 has risen 25% from its intraday low of 923 to the intraday
top of 1152, and that's without a pullback of more than 2% on a closing
basis," he said. "I can't find anything like that before," he said.
"Also, there was a very large uptick reading Tuesday, +1127," Cadbury
said. "Uptick readings that high are seen only five to ten times a year," he
said.
Volume has not been supporting the latest price rise, Cadbury said.
"Wednesday's New York Stock Exchange volume (655 million shares) was the
second lightest in 13 weeks," he said. "Tuesday's NYSE volume was the
lightest for a Tuesday in seven weeks. Monday's NASDAQ volume was the
lightest for a Monday in seven weeks."
Breadth is also lagging on the rally, Cadbury said. "The McClellan
Oscillator fell to a negative reading yesterday, minus two," he said. "That's
not a bullish sign at all, and unusual after such a strong rally. It shows
that breadth is bad, and breadth tends to win out in situations like this."
Cadbury also said that sentiment has gotten bubbly of late. Investors
Intelligence of New Rochelle, N.Y., reported Wednesday that 57% of investment
advisors surveyed last week were bullish, the highest since January 1992.
That said, Cadbury expects a correction within a bull market, not a bear
market. "The market is likely to go much higher next year," he said. "Equity
funds continue to draw cash."



To: TigerPaw who wrote (81317)11/19/1998 11:43:00 AM
From: BGR  Respond to of 176388
 
TigerPaw,

I see. I agree that that would be beneficial for DELL.

-Apratim.



To: TigerPaw who wrote (81317)11/19/1998 12:18:00 PM
From: Lee  Read Replies (1) | Respond to of 176388
 
Tiger,..Re:. There would be no reason for them to stop selling Win98 or NT but they could also offer Solaris or Linux.

TP, Dell has already supplied both Linux and Solaris systems. Can't find the link about Linux specifically but the following will show that they have supplied a Solaris system.

dell.com
Centaur's Dell servers running Solaris are PowerEdge 4200s, each with dual Pentium II processors ranging in speed from 266 to 333MHz, as well as 512MB of RAM, and just over 400 gigabytes of disk storage.

Their workstation units also run Linux and Hewlett Packard's UX operating systems.


A trader on Omega list runs Linux on his Dell trading PC. Thinks it's the greatest thing since sliced bread! <g> Can't offer a personal opinion though since we use NT4 and Win98.

Regards,

Lee