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.

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

To: stock bull who wrote (125001)	5/15/1999 11:23:00 PM
From: Mike Devour	Respond to of 176387

Salsman noted that gold -- the best inflation indicator -- is not flashing any warnings. ''The highest correlation of inflation has shown up in gold, with a lead time of nine to 12 months,'' he said. ''With gold selling at a 20-year low of less than $280 an ounce, it shows there's no inflation threat.'' Oh brother! Just this week England warned they would be selling off a huge chunk of bullion over the next year. Some staggering number of "tonnes". Equivalent to a significant percentage of total world production. Analysts said it would keep the price depressed for a good long while. Things are probably okay, but I wouldn't trust the price of gold as any kind of security blanket for inflation fears. Heh! Dell Longs: Good luck through earnings and beyond. My worthless WAG is that any immediate pop in share price will be smaller and shorter lived than you're all hoping because of options expiration and any fallout from FOMC. But you've convinced me that when the market finally gets over its jitters DELL will give you what you're hoping for. Mike (Watching for short term opportunities. Someday I'll have a real portfolio!! <GRIN> )