DELL COMPUTER--INCREDIBLY OVERVALUED STOCK Message Board

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Strategies & Market Trends : DELL COMPUTER--INCREDIBLY OVERVALUED STOCK

DELL 160.97

-1.6%

Oct 30 3:59 PM EDT

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To: Candle stick who wrote ()	10/6/1997 9:57:00 PM
From: gary catalano	of 96

Although I agree this stock is high, PE's in the high tech industry are based on future earnings and their ability to maintain them. True, Dell will not be able to maintain it's spectacular performance, but I think the direction will still be up. After their last earnings report, the PE (I believe) still went down despite the 10 point increase on all the hype. Providing there is no severe October correction, I think Dell could peak (temporarily)near 110/115 before stalling. It's still a great long term buy.

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