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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: John Koligman who wrote (22379)11/21/1997 1:31:00 PM
From: John Hauser  Read Replies (1) of 176387
 
This seems like a rational discourse,

The question is what really gives any given stock it's value. We've got the chartists giving their evaluations (that candlestick thing cracks me up), people assuming annual share price increases based on future (unknown) growth, etc, etc, etc... But I'll say that on of the major factors giving stocks their values.........EMOTION. This is something that cannot be measured. And the market is a reflection of the composite emotions of the investor.

Let's take RMBS as an example. Some schmoe in a suit says "he" thinks RMBS will reach his newtarget price of $100 instead of $50. The stock SOARS 50% in ONE DAY! What kind of bullsh*t is that?!? That is not based on any "chart" or any other "fundamental" factors. It is emotion (greed being one of them) that drive the stock up.

John, you and I are apparently on the same page (I picked up some INTC BA MRK last week)

My instincts tell me that Dell is a flat-liner for a while to come, and these are the same instincts that told me to buy it at $9.

JH
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