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Technology Stocks : Dell Technologies Inc.
DELL 115.43-1.5%Jan 23 9:30 AM EST

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To: Flamethrower who wrote (30702)2/21/1998 12:21:00 PM
From: Greg Baker  Read Replies (1) of 176388
 
I too am considering getting into Dell. Problem is I'm looking for supplemental technical reasons why its a good buy. I can appreciate the euphoria of current holders but the sky is not the limit.

My investment club got in at 87 last month and now I would like to get in on my own. With a P/E of 44 and current earnings growth estimates of around 35% from several analysts I researched, Dell must continue to grow at an incredible clip to support this continued rise in the stock price.

So here's my question, how many more machines and peripherals can Dell sell to a finite number of people in the world. I know the machines have built in obsolescence (bonus) and Dell keeps stealing market share. But history dictates that as competition grows in existing markets there is downward pressure on price and margins. Does anyone have info on new Dell products or technology which could support even stronger earnings.

Please let me know, I appreciate your advice.

Greg
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