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

To: BGR who wrote (83484)	12/3/1998 9:48:00 AM
From: Jeff Mills	Read Replies (2) \| Respond to of 176387

I learned 2 1/2 years ago that if one is to be successful in the markets one should ban CNBC from his/her daily diet. The only time I will watch CNBC is generally from 6-7 AM and from 7-7:30 PM before and after work. During market hours the station tries too hard to generate news/events IMO. In any event, I hope DELL does move downward. I need more shares in the high $50s. $78 3/4 before Christmas.

To: BGR who wrote (83484)	12/3/1998 11:29:00 AM
From: Voltaire	Read Replies (3) \| Respond to of 176387

Apratim, no, just the opposite. They should not panic and sell. You will still see the MM's take this market down approx. 300 more or 250 more points from here even with the lowering of interest rates over seas. Today is a good example of what an influence they have on the market. There are several indicators I watch. One indicator on Dell has turned 180 degrees in the last two days. I now believe that Dell will close around 69 7/8 on expiration. Could change but it looks pretty good from here. Not negative, just constructive. regards Voltaire

To: BGR who wrote (83484)	12/3/1998 1:17:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 176387

Apratim, I must be really slow, but I just don't get it. Neither do I. This is a variant on a discussion I had a month or so ago with Eddie Kim concerning the the Ben A.'s max pain point. The comment had been made that market makers push the price of a stock to reach that point where the maximum number of options expire worthless. I challenged people to show me how it could be done profitably. I'm still waiting. I think there are entirely too many conspiracy buffs in the stock market. Of course, thinly traded stocks are another story altogether. And the effect of large brokerage house upgrades and downgrades can be eye-popping. But I'm talking about the ability of a few market makers to manipulate stocks like INTC, MSFT and DELL by simply either buying or selling. Not to mention the fact that market makers aren't even involved in NYSE transactions (they use specialists over there). So the challenge is once again how they do it and make a profit. Maybe Voltaire can get an answer from one of his angels <VBG>. TTFN, CTC TTFN, CTC