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


To: Tae Spam Kim who wrote (130337)6/2/1999 1:37:00 AM
From: jim kelley  Read Replies (2) | Respond to of 176387
 
Tae,

The range is 28 to 44 with DELL going to double digit growth in Q4.
The ubiquitous THEY will try to drive the stock to 28 but barring new
FUD inventions they will probably not be able to get the stock below 32 because there are a lot of buyers waiting to get the best deal possible.

This is the pre-summer rout of tech stocks and its been in planning for a while. Kurt King is the latest analyst to try to drive a nail into the stock. Y2K is going to kill off business for a quarter, says he.

Airplanes will fall from the sky, satellites will lose their orientation and knock out satellite communications around the world, credit cards will cease to work, retirement checks will not be sent out, Hydrogen bombs will check their internal calendar and decide to blowup because it is 1900. Yep! Bad things are going to happen. For this reason people should sell all their stock to Kurt King at Bank of America before it is too late.

Who knows maybe all the protons in the universe have the Y2K problem and will disintegrate at midnight 12/31/99.