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

To: Cogito who wrote (127268)	5/20/1999 10:38:00 AM
From: Francois H. Gaston	Read Replies (1) \| Respond to of 176387

No panic selling... none at all... DELL's stock owners are very complacent (IMHO). Very good for the stock. But buyers will have to keep buying as Mutual Funds such as Fidelity, have unloaded some of their DELL position. I have personally non longer any long DELL position as at my job, after a recent merger (our institution has now 10000 employees), the institution dropped DELL as the PC provider and switched to IBM, three months ago. (That was a shocker to me). I am now short DELL. But not big position. Way too early to take a long position for me. I am waiting for some panic selling. I will be very patient. Other stock are moving. DELL is going to be stuck for a while (IMHO) DELL might be doing well on the internet, but last 2 quarters have been suspicious (accouting wise): my experience is that when a company annonces a split right at the time the QTR is released and when a company exactly matches estimates... one should look at it, and rethink whether a long position is still the proper action. Frequently, this kind of action by the accounting team suggests that things are slowing down. I am also shocked at Europe's business. Not impressive in my book. DELL could very well trade sideways, and will become a traders'stock rather than a good long term investment from now on (unless, of course, one finds cheap shares during a crash or panic selling). Good luck to all. FHG