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Technology Stocks : Dell Technologies Inc.

DELL 138.94

0.0%

Dec 5 9:30 AM EST

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To: Jim Patterson who wrote (32652)	3/6/1998 4:00:00 PM
From: Lee	Read Replies (1) of 176387

Jim, Re:<<throughout history, different measuring sticks have been used to judge appropriate valuations.>> I guess that the above statement reflects my point exactly. Our criteria have changed and, being responsible investors, we choose companies where the risks of revenues falling by 50% are slim to none. This is of course excluding force majeuer. Regards, Lee

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