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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

Nov 21 3:59 PM EST

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To: Paul van Wijk who wrote (22869)	11/24/1997 5:00:00 PM
From: Rio Jangada	Read Replies (2) of 176387

PE of 34.5! Yikes, that's awfully high. During many of Dell's best years its PE was in the teens. Considering that the earnings are projected to decline soon (rate of earnings growth is rapidly falling), I expect that the PE will sink quickly... due to a plummeting stock price. What should the PE be when the growth rate turns negative...probably at some point next year? RJ

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