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


To: MichaelW who wrote (82917)11/30/1998 3:54:00 PM
From: MichaelW  Read Replies (1) | Respond to of 176387
 
We'll probably have bad breath after this.

Good luck to all Dell bulls, and all longs.




To: MichaelW who wrote (82917)11/30/1998 4:24:00 PM
From: D.J.Smyth  Respond to of 176387
 
<<Who creates the hysteria?>>

the Money and Investing article in the WSJ (section C) today didn't help matters "Resilience Reigns...".

it is possible that several market afficiandos colluded to drive up the price of onsl last week. this helped fuel further buying in other net stocks. the game was bid up onsl, then dump, then feed the "cnbc public" (misleading or not) information on onsl. the fall in onsl was what the doctor ordered for them/a domino effect. although a dangerous business, i wouldn't doubt that they bid up onsl again soon once they clear the snot from the stock. it's just a game. onsl is a good candidate for this affect since there are fewer market makers in the stock. the price relative to volume is not well controlled when you exceed 3 million shares traded per day.

as for dell...it is possible several large holders will be selling into rallies for the short term.