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Technology Stocks : Dell Technologies Inc.
DELL 124.29-2.3%10:18 AM EST

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To: KINGBULLBEAR who wrote (20490)11/4/1997 1:10:00 PM
From: William C. Spaulding  Read Replies (2) of 176387
 
I would say that 110-120 is the tops for this year, depending on actual earnings. I do want to say though, that since Dell has quadrupled this year, there's not going to be as much upside as there was earlier in the year. Even if Dell blows out the quarter it's not going to rise like it did this past summer, so don't expect it. While no one can actually pinpoint a market top, I think the 110-120 range is a realistic maximum. Note, however, that it may not reach this. I think it will, but as with any high p/e stock, there is much downside risk, so be careful. Use only what you can afford to lose.
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