Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (35106)	4/21/1999 11:12:00 AM
From: Cynic 2005	Read Replies (2) \| Respond to of 86076

Ice, as heartless as it might seem, I 've decided to add to my Dell short this morning solely based on this clip: <<Others were still worried. Lynn Badler, a public-school teacher in Alpine, Calif., said she expected to hear from her broker "anytime now." She said she had bought shares of Dell Computer on margin at $50. But with the stock down sharply, she was expecting that she would have to come up with as much as $40,000 or face having her account liquidated. Dell closed Tuesday at $38.1875, up $2.75, in Nasdaq Stock Market trading. She added that she wasn't terribly familiar with margin trading when she started doing it, but figures she will now get a thorough tutorial. "I have to feel the pain before I know what I'm doing," she said.>> My bet is that Dell will not stage even an interim rally until such folks are shaken out. Then again, I can be wrong - these days it is much easier to shake-out an experienced and intelligent player than an inexperienced dumb suckers. -ng-