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

To: Venkie who wrote (118790)	4/19/1999 2:16:00 PM
From: Mohan Marette	Respond to of 176387

DELL Personal Computers - Technology 11:44 AM-From I-Watch. Dell has oscillated above and below the break-even level in this morning's session. A review of the firm's trading data shows that just 20% of the firm's 11.5 million share volume can be traced back to block trades. The most likely suspects behind today's session are day traders - both professional and retail. I-Watch shows institutional brokers bidding for stock between $37 3/4 and $38 in an attempt to create a floor for the stock. However, at this point, the volume of bids is too light to provide a whole lot of conviction that they will be successful. We would look for more participation in the pre and post-trade market from institutional brokers before attempting to time the intra-day reversal.