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Technology Stocks : DELL CLIMAX SITE
DELL 154.64-3.4%Nov 4 3:59 PM EST

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To: dougjn who wrote (26)7/25/1997 1:47:00 PM
From: Arik T.G.   of 158
 
Sure , Dell is not overpriced. So let's buy some and double our money in three months.
Even by your statements Dell has nowhere to go from here.
Now think of all the momentum players when Dell stops climbing.
It is a great company indeed , and was a (fill in with your own words) stock. Try to envision Dell trading in '98 at PE 20 over projected '98 earnings. Is it thrice the price now ? NO. Is it twice? big no again.
So what is there to look for from a stock that gained 50% in three weeks just this month?

Arik
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