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Technology Stocks : Dell Technologies Inc.
DELL 138.80-2.7%Nov 11 3:59 PM EST

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To: jim kelley who wrote (152397)1/27/2000 1:20:00 PM
From: George A. Roberts  Read Replies (1) of 176387
 
They are also now stating that the days of 40-65 % growth are gone forever. To me that translates into the market re-valuing Price to Earnings wise Dell and the computer market. Those on this board who think that the 10-15% reduction in earnings and revenue growth rate going forward mean nothing and that this is a buying opportunity are perhaps victims of their own success with Dell. I currently have a small position and made money years ago in Dell and foolishly sold in the early 1990's. However, as foolish as that sale was in hindsight I think it would be equally foolish to hang on in hopes that the market will continue to put the high P/E on this stock when its founder and CEO have stated flatly that the growth rate is coming down....
G.A.
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