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: gizelle otero who wrote (129186)	5/27/1999 12:27:00 AM
From: Augustus Gloop	Respond to of 176387

Wait for 30-32 and get a better price on those options

To: gizelle otero who wrote (129186)	5/27/1999 12:58:00 AM
From: KS	Respond to of 176387

gizelle, What chart or site do you use? Mine shows everything turning up and a hammer candle indicating a bottom. Maybe I'm just not reading it right. TIA KS

To: gizelle otero who wrote (129186)	5/27/1999 3:15:00 AM
From: jim kelley	Respond to of 176387

gizelle , My take on this situation is that we have reached the bottom. The stock price hit 32 7/8 today and may test this again tomorrow but it is clear that major buying kicked in at that point. Following Daniel Niles theory DELL, he said he would be a buyer at 10-15% below the 200 day Moving average but not at 40 per share. Guess what the institutions started buying when DELL hit 32 7/8. If DELL was to dip below 32 , it would trigger a sharp powerful buying spree. So there is not much to be gained by waiting for a new low and a lot to be lost by putting off purchase of the share of DELL. What is lost? The opportunity to pick up shares at value stock pricing!