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

To: jim kelley who wrote (81384)	11/19/1998 5:10:00 PM
From: larry	Read Replies (2) \| Respond to of 176387

Jim, Does it appear to you that DELL is suddenly attracting lots of short sellers? If you look at the tape, it's not hard to see that the price drop is not only due to momentum players jumping off the bandwagon, but also very experienced short sellers setting up one after one upside resistance. Won't be surprised to see a 25-30% jump in short interest for Nov.. This is a bit uneasy because the tech sector is shooting straight up, but the DELL shorters seem to be determined that they have sth in sleeves. This is more serious than I used to believe (missing whisper number). Looks like that the shorters believe that DELL truly missed the number. Believe that DELL will close at 62 9/16 tomorrow and the fat chance is that it will go down to high 50s next week. Any opinion is welcome. larry!

To: jim kelley who wrote (81384)	11/19/1998 10:21:00 PM
From: Ex-INTCfan	Respond to of 176387

re: DELL appears to be consolidating with reduced volatility It is just going through one of its sideways phases. I agree about the momentum players. The good news is, they are beginning to back off the Net stocks. IMO, Dell's about through with its decline. After a market consolidation over the next few days, I expect some of the momentum money to come back into it. It doesn't hurt to have had CSCO and INTC running up recently, making Dell more attractive by comparison.