Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 133.20

+5.7%

Nov 26 3:59 PM EST

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To: ROBJAZ who wrote (31431)	2/28/1998 8:44:00 PM
From: michael ehrenberg	Read Replies (4) of 176387

There is way too much unbridaled optimism on this thread. Look, let's face it. This stock had had a ridiculous unsustainable run-up over the last few years. Most of it has been justifiable. But not over the last few months. The PE is more than triple the market average (50-60 depending on earnings period used). Stocks that are overbought like this are ripe for a downgrade due to price by a major brokerage company. We've seen it happen before and we'll see it again--next week. Just when everybody can't seem to get enough of the stock, major investment houses will begin dumping Mr. Dell's pricey jewel just like the rains are being dumped on California. Remember this one timeless pharse: "When everyone's yelling-----you'd damn well better be selling!!! Ehrenberger

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