DELL Thread For BULLS and BEARS! Message Board

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Technology Stocks : DELL Thread For BULLS and BEARS!

DELL 160.11

-1.2%

9:30 AM EST

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To: McNabb Brothers who wrote (95)	11/10/1997 11:48:00 PM
From: semi engineer	Read Replies (1) of 198

Hank I agree with you that DELL is going down. DELL put is my hedge against long. I see you are listed $60 - $64 as the target. Why and what is your target frame? As the price war starts on Computer fronts, I believe everybody will lose(Gateway was first casualty). This pattern reminds of Micron in 1995 and Intel in last two months. The P/E of stock is trading at historically high range and the growth and earning cannot keep up. Is there a key support and resistance that you see or do you see relatively fast decline to $60? What others stocks are you bearish on?? Do you have any long??

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