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

To: david who wrote (120642)4/26/1999 12:43:00 PM
From: edamo  Read Replies (1) | Respond to of 176387
 
david......patience...

lot's of dell accumulated 36-42...the longer it bumps it's head against the 45 level, as it did the 44 level, the more of the short term shares(those profitable trading positions since feb)sold against the upward move..the stronger the chance that it will set a new "floor" at or about 44-46......next two weeks can easily bring 48-52...percentage wise dell has moved up by 20% since last wednesday...let it back and fill....only winding the spring tighter for a major move should earnings blow out..as in .20 instead of .16 or .17 for the quarter....only thing to do is to watch...good luck, ed a.



To: david who wrote (120642)4/26/1999 3:05:00 PM
From: larry  Read Replies (1) | Respond to of 176387
 
It's the shortsellers that are keeping DELL down. DELL has been fighting for 45 like there is no tomorrow for the last hour. More than 2 million shares traded at 44 7/8 and 44 15/16. If DELL prints 45+, 48 is not that far away. If 48 is broken, well, the shorts better cover.

Meanwhile, AOL is hanging tough for 157.

larry!


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