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

To: Sig who wrote (81353)	11/19/1998 3:00:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 176388

<Intel> Estimates raised- Katami in the offing. Sig: Interesting bit of news. Thursday November 19, 12:35 pm Eastern Time RESEARCH ALERT - Intel estimates raised PALO ALTO, Calif., Nov 19 (Reuters) - ABN Amro Chicago Corp. on Thursday raised its earnings estimates for Intel Corp. for the 1998 fourth quarter and 1999 first quarter, citing improving expectations for the 1999 first half because of new microprocessors. -- raised fourth quarter forecast to $1.10 a share from $1.08, and raised first quarter forecast to $1.15 from $1.08. -- Analyst David Wu said personal computer makers have slimmed down inventories and plan to roll out after Christmas new PCs using Intel chips with the Katmai instruction set, its next-generation multimedia enhancing technology. -- Wu said the first quarter could be up sequentially from the fourth quarter because of the Katmai rollout

To: Sig who wrote (81353)	11/19/1998 3:50:00 PM
From: Byron Xiao	Read Replies (4) \| Respond to of 176388

This is getting interestng with the Nasdaq up 31. Wonder how much it is costing "THEM" (nameless souls) to keep the price of Dell below 65 for options expiration???? Hmmmmm ? Another 10 up on the Nas may break Dell loose and then I'tl be gone. Great fun. Sig I don't think so. DELL really sucked these last couple sessions. Tomorrow is the Options expiration date, I imagine people will be taking profit on tech stocks, like INTC, CSCO and internet stocks. DELL could still go a lot lower. Personally, I am not buying at the 60 level. I am getting in 50-55 in the next couple months. With the tax selling coming soon, DELL could go even lower. I will pick more up at 52.5. The earning for tech companies this quarter should be very solid. However, 1999 will be so un-predictable. IT budgets might be cut due to the more gloomy global market outlook. Asia has not come out of its trouble yet, and won't likely do so before mid 1999. And then there's this Y2K problem. I see DELL go below 45 in Feb/March 99. This is not the time to buy this stock.