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Technology Stocks : Dell Technologies Inc.

DELL 138.94

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3:59 PM EST

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To: Frank Ellis Morris who wrote (135013)	6/29/1999 5:20:00 PM
From: George Wave	Read Replies (1) of 176387

Frank, The thought has run through my mind on a couple of occasions, and I can understand your frustration. Yet, 1) Dell stands a very good chance of moving to the #1 position as a global supplier within 1,2 or 3 years. It leapfrogged IBM to become the #2 global supplier with last quarter's report 2) It has an outstanding business model that others companies are emulating. They're attempting to catch up to Dell's internet business 3) They make good products 4} They have some of the best service 5) Doesn't a $19b/yr company with a 40% growth rate sound rather reasonably priced at $37/share And don't forget, everyone's at the beach right now. I feel there's a second wave of online investment coming after vacations are over and trading hours are extended. Just my feeling, of course. Have a good evening. Regards, George Wave

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