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Technology Stocks : DELL CLIMAX SITE
DELL 162.01+0.6%Oct 31 9:30 AM EST

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To: Keith Zhang who wrote (134)8/1/1997 9:36:00 PM
From: Jeff Gurian   of 158
 
I did not mean to imply that all shorts are gambling- thats just what I believe about Dell stock now. Look at your own words- a "calculated speculation based on many factors." Isnt that also known as a gamble? Blackjack is a calculated speculation with many factors. The gamble comes from shorting one of the best performing computer companies in a flourishing bull market based only on price.

I dont believe those buying Dell are gambeling at all (though I would not recommend it now due to the high price). They are buying the best performing computer company out there. The price now is just too optimistic of future performance. If one were to buy more, given some patience, Dell will be worth this much and probably a whole lot more. There is just little point in buying in now at such a high price. Amen on the Compaq call, though.
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