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Technology Stocks : Dell Technologies Inc.
DELL 140.63+1.7%3:59 PM EST

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To: Patrick E.McDaniel who wrote (28828)1/29/1998 5:16:00 PM
From: Paul Merriwether  Read Replies (2) of 176387
 
For better or for worse, I put my margin money left, into shorting
DELL today. I have had a good run lately with intel(intc) and Gemstar(gmstf).
While, I am still holding on to intc, I have sold this boxmaker @ a P.E. of 44 for a nice arbitrage.
Even if Dell has great earnings this quarter, its already valued so
richly that I am betting that it will at best stay at current levels.
Best of luck all(esp. the shorts).

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