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

To: Venkie who wrote (101244)	2/16/1999 9:48:00 PM
From: SecularBull	Read Replies (3) \| Respond to of 176387

$50-60 (post split) in May, IMHO. I'm glad, in a way, that the bubble has burst. The stock was ahead of itself. At the same time though, I don't think that at $100+ it was necessarily incorrect for people to be expecting it to go higher from there. It's all about momentum at those levels. The momentum has turned negative for about a week now. I expect a day of instability tomorrow, followed by consolidation in the mid-$70s to $80. I would not be surprised to see it go back towards $100 soon, but it would be overpriced at those levels under current assumptions, IMHO. Regards, LoD