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Technology Stocks : Dell Technologies Inc.
DELL 138.22-1.6%Dec 9 3:59 PM EST

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To: JRI who wrote (160928)9/21/2000 8:18:23 PM
From: Meathead  Read Replies (2) of 176387
 
Hi JRI -- my take on the situation is similar yet
slightly different. IMO, Dell is already waaay
down precisely because of management credibility.
In terms of the after hours percentage drop, it
would probably be the same if Dell was trading
at $50... it would be at 44-45 right now in after
hours.

Anyway, the selloff is way overdone IMO. Intel comes
in a tad weak in Q3 by a couple of % points but
still stronger than Q2 and they are what, down about
35% from their high of a few weeks ago? Gross margins
of only 62% ?!?! Take em out behind the woodshed.

Panic and Fear are much swifter and surer than greed.

MEATHEAD
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