Dell's Daytraders Decision Site Message Board

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Technology Stocks : Dell's Daytraders Decision Site

DELL 127.56

-1.3%

12:53 PM EST

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To: Jack T. Pearson who wrote (458)	7/27/1997 4:28:00 PM
From: Meathead	of 1124

There are about 1000 things that could trigger a correction... and I have no idea which one or when. I've been long and accumulating this stock for over six years and won't panic and sell until there is a "real" fundamental shift in the competetive landscape and/or economic conditions that would cause corporations to radically alter their long term purchasing plans (i.e. recession). At these valuation levels however, expectations are very high and just meeting (not exceeding) those expectations one quarter will likely send this baby down. Someone folks have compared Dell's run to MU of 1995 and they believe it will have a similar correction. MU went from 95 to 17 in ~6mos. They haven't done their homework. MU made NOTHING one quarter (maybe they lost money, I forget). Prior to that R. Whittington of Soundview was predicting $10/share earnings for 1996! Do a simple graph of EPS and Revenue over the last 12 quarters for DELL and MU. Now compare. Notice anything? MEATHEAD

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