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Technology Stocks : Dell Technologies Inc.
DELL 127.56-1.3%12:53 PM EST
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To: LemurHouse who wrote (174215)8/12/2004 11:13:19 PM
From: Stoctrash   of 176387
 
Dell-Heads,
Do you all remember when John Chambers was blind as a bat and swore up and down (or more likely he just lied and was in denial) that CSCO was unaffected by the telecom bubble...and then, only a few months later he really got it up the A$$??

I see the very same pattern here with Mikey Dell.
Be very cautious, he's in denial, just like Chambers was.

Look at the chart too...34-35+ and sellers are going to pound this thing IF it makes it that far. 15-17 is where the downside is over the next 6-12M, IMHO, ever worse if the econ craps out (likely) or terry-tits strike. Valuations DO matter.
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