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Dell Computer Corporation (DELL) Message Board

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  • G__O__D G__O__D Mar 24, 1998 8:55 AM Flag

    Dell a Buy - DayTraders

    ** DELL - Stock has pulled back here and is now near a level where we can take
    up a position and maintain a reasonable stop loss and/or average point. We
    would suggest taking up a position with 1/2 our normal number of shares should
    the stock trade into the $61 to $62 range and maintain a close stop at $59.875 -
    if we get stopped out, we'll look to re-enter the stock from slightly lower
    levels. Medium to longer term plays may wish to hold without a stop, but be
    ready to average at any price under $59 if seen. Long term price target of $65
    to $70 or higher. Some risk here, as the tech's have been volatile recently.

 

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