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


To: Mohan Marette who wrote (113679)3/31/1999 2:03:00 PM
From: KM  Read Replies (3) | Respond to of 176387
 
Just saw a 500,000 share buy at 41 7/8. FWIW



To: Mohan Marette who wrote (113679)3/31/1999 3:51:00 PM
From: stockman_scott  Read Replies (4) | Respond to of 176387
 
from your friends at TheStreet.com.....

<<the other big story of today was that Dell (DELL:Nasdaq) and
Intel (INTC:Nasdaq) were rallying on a report from Merrill Lynch saying
that in late March PC makers experienced some relief from the recent
slowdown. Dell was up 1 9/16 to 41 1/2; Intel was up 9/16 to 122 1/8.

"But the market's at an all-time high and these stocks are still under
pressure and still aren't out of the woods," Robbins said. "Dell is down
24% from its closing high and Intel is down 13% from its closing high. But
with all the pushing and pulling, the short-term downtrend could reverse at
anytime." Still a believer in the "super-bull market," Robbins predicts the
Dow will hit 10,500 sometime this summer and finish the year around 10,100,
due to Y2K concerns and end-of-the-year seasonal weakness.>>

IMHO, Y2K is over-hyped and I plan to stay FULLY invested. DELL could benefit from some last minute purchases of PCs, severs, and storage products.

Regards,

Scott