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


To: Sig who wrote (94621)2/4/1999 1:45:00 PM
From: Lee Martin  Read Replies (1) | Respond to of 176387
 
Sig,
Boy I hope you're right. I'd love it if DELL didn't split and managed to hold onto its gains after earnings. I'd be buying big time for sure. Mikey could just tell the guys in the buyback dept. "OK here's $2B, on Feb 17 if the price of our stock falls below the closing price on the 16th, I want you to put a brick on the buy button and keep it there until the price goes higher." All those @#$% momo guys bailing would say "wait a minute it ain't going down this time, LET'S BUY".

Of course I'm afraid that's not going to happen. It will tank as usual and everybody will be wondering "hey where did all the hype go that we had when I bought this stock to make a quick buck going into earnings? Then suddenly various talking heads will appear AFTER (never before) DELL gets clocked to explain, "DELL is a great co. BUT it's had a runup of over 50% in the last two months so most of this good news was already in the stock and (insert a few of the bogus reasons in my last post) so we have to expect the stock to take a breather for a while." Out go the lights on DELL as all the momo guys that ramped it up abandon it for at least the next month or so. They won't be back until about a month before the next report. So I'll look for them to start ramping DELL again after mid APR.

I hope all of the above is proved completely off base and wrong. But I've seen how fickle this market has been especially toward my favorite stock (long term you just can't beat DELL, it's the short term that can kick your @#$), and I guess I'm just cynical.
Regards, Lee