Dell's Daytraders Decision Site Message Board

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Technology Stocks : Dell's Daytraders Decision Site

DELL 142.00

-3.2%

11:11 AM EST

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To: MRE who wrote (540)	7/30/1997 6:03:00 PM
From: Candle stick	of 1124

Right off the top of my head I would cite Micron and IBM...which were both industry leaders that took severe falls (remember when IBM fell from 160 into the 40's?)....lets see...how about Wang labs (remember them!) or others who may or may not have been 'industry leaders' such as Diana corp, Presstech, Netscape,... Boston chicken was a market darling, and it fell like a stone from 41 to 13 when the momentum guys left........each has its own story....but with a near 50 P/E, one disappointment from DELL and you will see the stock halved, in my opinion, of course. I notice that expectations for upcoming earnings are extremely high. I just cant believe that they can meet these expectations, especially after Michael Dell himself said that this quarter was not a blowout........best of luck...;^)

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