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

To: JRI who wrote (109016)	3/11/1999 12:19:00 PM
From: Sig	Read Replies (1) \| Respond to of 176387

<<<Dell may be sitting pretty here...having gotten their "bad month" out in last quarter (January)...and having 2 months of PIII sales in this quarter (March/April)...also, CPQ, and others, working down inventory in part of the quarter....big boost in market share will show up at the end of April IDC/Dataquest stats.>>>> I agree with your estimates of Dell near term performance for several reasons: 1. It is very typical of Dell to bounce back and start achieving new highs about 34 days after the last one. A "resting period"? 2. Dell over the years has gained about $0.3 $ per day or $10/mo. However since Dell is now at an unusually low price now that figure would be less, perhaps $0.15/day or $5 /month. 3. Only one of the bear's time worn and gloomy forcasts has come true ( the reduced growth rate of sales). It had an major effect on the stock price and all indications are that it won't happen again. 3. Many shares were purchased (traded) in the $100 range and with Dells growth rate those buyers know they have only to wait a a bit to have a gain. ( there are still funds and investors with a long-term attitude)Hehehehe. Long term meaning more than 1 week, perhaps a whole month. ( just joking) 4. However,the tech stocks have followed the Nasdaq very closely so we have to count on the market to hold firm. Regards Sig