John:
<<<<<am wondering why everyone is so bullish on this stock? What would happen if there was even a hint of a problem?>>>
Some items would be:
1. Top notch management, experienced winners in price wars
2. Continueing superb sales, improving market share, factories operating at capacity, two new ones planned.
3. No BS from company spokesmen, earnings estimates met or
exceeded almost always. 14 consequetive growth quarters.
4. Stock buyback plan of 125,000,000 shares which enhances stockholder value.
5. Stock splits (95,96,97)to keep price within range of most investors.
6. Company sticks to what it does best, not competing in low margin markets( cheap computers), nor buying other companies
with attendant problems of assimilation
IMO there is also more recently a price base to Dell stock,
which can hold up to big change in the market(Dow), but not
the dismal tankings in last several days.But it normally 'hangs'
very tough.
If any negative news develops, it will be discussed here
as soon as anywhere else
Sig |
