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Technology Stocks : Dell Technologies Inc.
DELL 120.47-1.8%2:54 PM EST

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To: Chuzzlewit who wrote (24286)12/5/1997 11:43:00 AM
From: Stevie  Read Replies (7) of 176387
 
Question for anyone going long on Dell..
Michael Dell himself is selling huge blocks of this stock as reported in the news..
I believe the number is close to 50 million worth..
Why would you want to go long?
Personally..Im selling
If the CEO of this company decides its time to sell..
so am I.
It seems to me that with recent price cuts and all announced..
Dell is feeling the heat of intense competition..
and its going to be difficult to keep up there growth.
With the PE so high already..personally I think this ones going down..
and this run a pipe dream.
I;d appreciate comments..as i like to weigh all sides to be fair..
Thanks
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