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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (2082)12/16/1998 1:28:00 PM
From: James Strauss  Read Replies (1) | Respond to of 99985
 
Market Breadth...
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quote.yahoo.com

The negative market internals are growing... It wouldn't surprise me to see Dow 8450 in the next few days...

Jimm



To: John Pitera who wrote (2082)12/16/1998 2:04:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 99985
 
John: <<Dell spokesman T.R. Reid said Monday. CEO Dell, who founded the Round Rock, Texas-based company in 1984 while attending the University of Texas at Austin, disposed of 8 million shares from September 24-November 19 at an average price of $64 per share.>>

It seems to me that their spokesman deliberately downplayed the number of shares. The correct number should be 12 million shares from September 24-November 19, and 16 million shares through Nov. 23rd. Although it seems M. Dell put this >$1 billion proceeding to his newly founded MCD Investment company. This brings another question: why does he diversify? Is it because he is foreseeing the slower growth for Dell? Although this is an open-end question.

Best regards.



To: John Pitera who wrote (2082)12/16/1998 4:56:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 99985
 
John: not sure whether you have read this.
Message 6863312