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

To: abraves who wrote (91097)	1/25/1999 4:02:00 AM
From: Jake0302	Read Replies (1) \| Respond to of 176387

Yeah, I did too... but I still think MSFT will split (don't know about the other two). If I were a CFO, I would want a few weeks of sideways movement to digest the price moves up lately. Look at a chart for MSFT, IBM, INTC. They are up like 75% in the last 3 months. Great earnings, but still looks like they are way overextended. So, with some sideways movement, and a bounce off of even a 30 DMA, I would be comfortable with a split. And I think we may start to see some of those splits in a few days, weeks. MSFT, for one, seems to have a lot of rumors floating about an upcoming split. I am glad for that, since I bought Apr calls at a higher strike after taking profits on MSFT calls on Wed after MSFT's post earnings gap up. As for us (DELL), I think we are in for some volatility, but a run up nonetheless to Feb 16 earnings. I just put in a limit order for 10 -dlqbq (Feb 85 DELL calls) at a limit of 3 1/2. If we drop at the open, I don't think we are headed down all the way. Brazil and China are excuses to do some overdue profit taking. But we have another leg up or two until we have a real correction - IMHO which you can take FWIW which is about as much as you paid for this advice ;-)