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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: David Weis who wrote (19430)2/16/1999 6:54:00 PM
From: Electric  Respond to of 42787
 
david,

I am not suprised with DELL's results at all. I think there will be tough sledding for the next 1-2 months, which the stock ought to act like it did after last earnings. Time to either buy puts or sell puts if you look out a bit longer. What I am suprised with is the split, what is up with that? I think that is a bad bad mistake. I also think that people watching Mikey tomorrow are going to be selling into any strength, and we will see large drop tomorrow, carrying the NAZ with it. This may however start interest in other sectors, like the internets or maybe small to mid caps?

Out of all the earnings I have watched DELL, it rarely goes up even if you look at the numbers.. They were great, excellent growth.

One other point, I think this rage to buy a cheap computer is not a long term phase and people will realize that you get what you pay for. You want a .99 Whopper, that is what you get. I hope that DELL is planning on how to broaden its scope and grow revenues outside of the PC area.

This may be the start of a nasty overall correction..



To: David Weis who wrote (19430)2/16/1999 7:16:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
I sold Dell this am at 92 9/16, and am glad of it. I sold AOL at 162 1/8. I have lots of cash. Come to me baby!