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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: LakesideTrader who wrote (953)2/8/2000 9:33:00 AM
From: Esway   of 5499
 
RE<<Also watching DELL for entry closer to 30>> Below 35 would be a great spot to start. Was really surprised how well it held up after warning a few weeks back. I had my eye on 31 or so but really never broke 35 in regular hours trading. They were downgraded today also.

Dell Computer (DELL) 37 5/8: Warburg Dillon Read downgrades from BUY to NEUTRAL; believes that company must capture 65% of PC market growth to meet its guidance for 32% revenue growth in F01, and 60% of PC market growth to meet its guidance for 28% revenue growth in F02, and thinks that this is not possible; CPQ's build-to-order initiative is also a factor.
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