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


To: stock bull who wrote (128133)5/24/1999 3:57:00 PM
From: freeus  Read Replies (3) | Respond to of 176387
 
rereasons for selling
Of the PMs I've received, most are selling on the T.A. slide of Dell's share price. Also mentioned was the apparent fact that although DELL is a wonderfully managed company, the stock price has gotten "ahead" of itself (whatever that means). I dont know if those who wrote me are planning on buying back.
I personally would like to hold all my core DELL (I did sell 1/11th at 39 13/16 to ease the possibility of a margin call). If I dont get a margin call that I actually have to do something about, I'll hold. I dont know how one really says what a stock price should be. I do think that when possible I may change my portfolio around so that I have 50% growth and 50% value stocks instead of all growth.
Freeus
Dell's 200 DMA is at 36 1/2: if it closes below that it will be the first time in 3 years, and mean a 35% correction from Dell's high.Not very good at all.