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

To: Mohan Marette who wrote (86154)	12/19/1998 1:26:00 PM
From: Mazman	Read Replies (1) \| Respond to of 176387

Analyzing Dell's Chart (from Gary Smith's column in TheStreet.com) Question I wanted to get your take on DELL. To me, it looks to be in a trading range of 61 to 69. Using the patented GBS [Gary B Smith] technique ;-), would you go long once it broke out of the range to the upside? Another idea would be to buy around support if DELL got that low again. My reasoning behind that comes from looking at the graph for the past year. When the stock breaks out of its trading range, it has always been to the upside. So why not go long in the low 60s? (Peter Schmotzer) Answer Peter, we're in agreement that Dell (DELL:Nasdaq)is in congestion right now. However, buying on a breakout is tricky because Dell then has to take out two prior highs: No small feat for a pricey stock. So I guess I'd wait to see how strong the breakout was and go from there. Your other strategy on buying at the bottom of the range is certainly an option. If I did it though, I'd be guessing. In short, I have no confidence, nor supporting data, that buying there would be a winning strategy. In fact, there's no assurance Dell will break to the upside. However, others might be confident, so that's a trade they might make. And, I guess that's the difference between analysis and trading: A lot of people can read charts and come up with a thoughtful conclusion. Before you trade, though, make sure you have at least some data to support your thesis.

To: Mohan Marette who wrote (86154)	12/19/1998 3:50:00 PM
From: stockman_scott	Read Replies (1) \| Respond to of 176387

Mohan: This is one of THE BEST articles I have seen on DELL. Thanks for posting it. DELL will continue to prove that they will be the next DELL!! <<MICHAEL S. DELL -- DIRECT-SALES MEGA-MAVEN CONTINUES TO RECAST BIZ MODELS Dec. 18, 1998 (Electronic Buyers News - CMP via COMTEX) -- In the 1980s, he put the PC industry into a tailspin with the introduction of direct PC sales. In the 1990s, he wowed the industry with his ability to sell $10 million worth of products and services online daily. Just what Michael Dell has up his sleeve for the next decade no one can say for sure, but it's clear to his peers that the 33-year-old industry phenom will continue to rewrite the rule book. >>