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Politics : Formerly About Advanced Micro Devices
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To: Elmer who wrote (75969)10/19/1999 12:37:00 AM
From: tejek  Read Replies (1) of 1573435
 
RE <<<Dell at <$35 is a good buy.>>>

Says who....Dell has been trading between 33 and 45 most of the year. Their growth is slowing in an industry whose margins are worsening. Everything depends on their ability to successfully diversify into other areas, a very difficult feat.

I bought some at 37 for my 401 account and now regret doing so. When you were betting they would not fall back to 35, I was surprised. If they break 35, I don't think they will stop at 33 like last time. And remember they are a cyclical like intc....Q3 and Q4 is supposed to be their best quarters.

Tomorrow should be very interesting.

ted
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