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Technology Stocks : Dell Technologies Inc.
DELL 122.92-3.9%Dec 18 3:59 PM EST

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To: P.T.Burnem who wrote (152175)1/26/2000 7:54:00 PM
From: Frank Ellis Morris  Read Replies (1) of 176387
 
I hated to do it but I had to let it go!!

<<Never mind the earnings shortfall. DELL has projected a significantly lower annual revenue growth, and lower net margins for the remainder of the year. I expect the stock to be trading below $30 tomorrow<<

P.T I don't know if the stock will trade to 30 tomorrow but it was for the very reason that you stated above that I decided to aggressively unload Dell as I pulled the trigger on this stock big time in after hours trading. I was going to wait until tomorrow morning but there is absolutely nothing in the announcement and warning that would want me to be in this stock one minute longer than necessary. This is not the company of the past several years, this is a totally new and bleak game for Dell and an ominous warning for Dell shareholders to heed the warning and get out. It is not my style to normally sell stocks but this one had to be the exception.

Best Wishes
Frank
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