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Technology Stocks : Dell Technologies Inc.

DELL 138.94

0.0%

Dec 5 9:30 AM EST

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To: Ed Forrest who wrote (143272)	9/30/1999 11:42:00 AM
From: stock bull	Read Replies (1) of 176387

Ed, from reading your postings I can see that you are not please with Dell's performance. I suspect that you are not alone. On numerous postings, I've said that Dell is in trouble because they disappointed the Street earlier this year, and their PE is to high. For the stock to recover and make new highs, its going to have to show the Street that it can once again grow revenue at 50%+. If the growth is going to stay in the 30% to 40%, than the pe is going to have to come down. In other words, the Street is saying..."show me the money". Another factor that we must consider is the Market's correction that we are now seeing. Many have said its not over, and may continue for a few more months. How many times have you now heard that the large cap tech's are still over valued. This just means that selling will continue. The brief rallies that we see don't mean much. I have been trading Dell since the stock tanked. At this time I'm out of the stock. Looking to reenter when the stock gets down to the 41 - 42 range. Stock Bull

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