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

To: LWolf who wrote (81612)	11/20/1998 6:32:00 PM
From: TechMkt	Respond to of 176387

If this hasn't been posted yet, it should have been. He certainly calls it like he sees it. Gotta give him that. Fez ___________________________________ Dell Computer CEO Michael Dell Sees More Stellar Growth Ahead New York, Nov. 20 (Bloomberg) -- Dell Computer Corp. Chairman Michael S. Dell said that while he's ''always worried about what might come along and change the universe'' of computer sales, his company still expects many years of profit growth. ''We will probably grow faster than the industry,'' even if there's a recession or larger rivals like Compaq Computer Corp. push into Dell's territory of selling products over the Internet, Dell said at a breakfast to promote his new book. ''Direct from Dell: Strategies that Revolutionized an Industry'' will be published in March. Dell, 33, acknowledged that he's made mistakes in his tenure creating and managing the No. 3 PC company, which last week reported that fiscal third-quarter net income rose 55 percent to $384 million, or 28 cents a share. Revenue surged 51 percent to $4.82 billion. Those mistakes are past, he said, because he's hired many people whose talents are ''absolutely'' better than his, listened to customer preferences and tailored the company's model of selling directly to customers -- including over the Internet -- to boost profits. Dell Computer's daily Internet sales exceed $10 million. Dell, whose company is based in Round Rock, Texas, also shrugged off the possibility of an economic recession. ''Even in a contraction, customers become more economically sensitive,'' and probably would buy more from his company, he said. Dell Computer's third-quarter sales in hard-hit Asia rose 49 percent, compared with overall industry sales that rose only 2 percent, he said. Dell's book will be published by News Corp.'s Harper Business division. 11:48:50 11/20/1998

To: LWolf who wrote (81612)	11/20/1998 8:36:00 PM
From: Voltaire	Read Replies (5) \| Respond to of 176387

And those who have inquired by PM and public post. First of all it is presumptuous on anyone's part to think they can call the market action all the time. Those of you who have read any of my post pretty well know that I am a maverick when it comes to investing. I don't believe in TA, and that is not to say they are not right HALF the time. Back in October one of the most respected TA people in the business, Jerry Favor was supposedly short the market and now we are around 9,100 on the Dow. Today he said he would short it next week. Another well respected TA fellow, Ralph Accompora with Prudential as I have stated earlier goes to the bathroom a Bull and comes out a Bear. If they make enough calls, they will be right half the time. I have stated the above to bring out why the market can be called by almost everybody at some time. The reason - THE MARKET IS MANIPULATED PERIOD. Most people don't believe this or don't want to believe it. Only after I realized to what degree the market is manipulated did I start making what I feel is very easy money. This manipulation is extremely rampant with Pink Sheet and BB stocks but it also is very lucrative for MM's on stocks as such as Dell, MSFT, IBM and any other stock for that matter. By the way, for those who might not realize who a Market Maker is, it is not some little guy behind a desk with a couple million bucks. They are big houses like Goldman Sachs, Merrill etc. Let me give you a couple of examples of flagrant manipulation that will give you comfort that the world is not coming to and end like some analyst and T.V. commentators would have you believe. Manipulation can also be good. That is why I have posted that the MM's are not screwing over you, they are just making a living like most people are. I do not blame them but I DO NOT HAVE TO PARTICIPATE. It is up to each individual to recognize the manipulation and act or not act on it. But to get back to the flagrant manipulation. I am sure most of you can recall one afternoon when the world was coming to an end and CNBC was using their usual GET ADVERTIZING vernacular like MELTDOWN, BANKRUPT, DEPRESSION, DEBACLE and THE 1930's etc. (which is manipulation also). We were down approximately 315 pts. on the DOW with about 20 minutes left in trading and rather than ending down 315 pts we closed to the positive side approximately 115 pts. Word was that Fidelity and Merrill went in the market against the boys in Chicago to keep the market above 7400. That is good MANIPULATION but manipulation never the less. Another good example is when Merrill lost several Billion hedging their bets in the currency markets and they laid off brokers and their cash was not what they wanted it to be. They suddenly came out with a Bearish call on the market and said they were going to 50% cash. WHY? They saw the market was about to take off and they were not as liquid as they needed to be. Are you going to tell me that the powers to be at Prudential were not aware that Accompora was going to announce his change of mind, BULL! That allowed Prudential to reload and not only prepare themselves for the NEW BULL MARKET but to instigate it also. I don't how many of you have ever spent time in the Financial District in lower Manhattan, but it is not a huge area and brokers of different houses are not strangers to each other. they eat together at the same places and socialize in the same bars. So don't tell me everything just takes its course. SO - the basis of anything I do is based on this manipulation. that is why I laugh when shorts say a stock like Dell is going down in this week or next week because of some fundamental. A stock like Dell may very well go down but it will be because certain MM's are wanting it to. that is why you should take comfort in the fact that so many huge house own so much of Dell. I think we will start getting COORDINATED and MANIPULATED up-grades from some of these houses, certainly after Thanksgiving. So what did I do this afternoon? First, you have to understand that Dell is probably the number one traded stock by day traders especially by the SOES traders (Small Order Execution System) using Direct Access Electronic Trading. You have to understand that most of these trades are done in 1000 share lots. The Market Makers do battle with these traders everyday and because of the preponderance of 1,000 share lots, they can spot these traders a mile away especially since Dell is their number one trading stock. To battle the Day Traders the MM's will do everything to try and sucker ( MANIPULATE ) those traders and anyone else that trades in their pattern. So about 1:50 P.M. today, I called my broker and put in an order for 4,000 shares of Dell 1/8 under the BID PRICE. I knew that if the MM's would not sell me 4,000 shares 1/8 under the bid, then I felt at that point we were headed higher. I ended up buying 2,000 shares at the ask because I felt it was a good but for the afternoon. Now, how did I pick my time - you must understand when dell is allowed to rise, IT IS THE NASD. Have you noticed lately that the higher the NAZ got, the weaker Dell looked (obvious manipulation).The only thing I ever look at is the DOW and NAZ, and I mean all day. If you noticed today when the NAZ was weak, Dell stayed around 63 3/4, which indicated to me around 1:45 that it had to start moving up because there was more buying pressure than selling but I did not think it would be a lot. That is really all I did. Regards - from the porch Voltaire