Compaq will drag it lower, but Dell is not a good growth company, since it's profit margins are shrinking, because, the cost of PC's is below $1000 if not free, at the same time Microsoft is raising the price for windows, also Dell has to pay IBM for parts, and they have to pay IBM a fee to be licenced to be IBM compatable. Not a good time to buy Dell.
or buy puts. Dell will go lower thier profit margins are shrinking, nobody will buy a dell when they can get free computers all over the place. I got a free computer just the other day. Anyone can. Dell is history, they already have to pay ibm an ibm compatable liscencing fee, then they pay ibm for its parts, there is no room left for profits, dell market share is shrinking, and there is no reason for the stock to be up, after earnings dell will be down sharply.