Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 128.43

+0.6%

Dec 24 12:59 PM EST

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To: Mohan Marette who wrote (33920)	3/11/1998 5:00:00 PM
From: Mike Araujo	Read Replies (2) of 176387

To put your faith in brokerage reports is dangerous to say the least. I speak from painful experience, having bought Shiva in a pullback to 34 about a year ago. At the time there were no less than 9 brokerages recommending the stock - all for seemingly well thought out reasons. For those of you who do not follow the networkers, the Company's fundamentals were not anywhere close to the published reports and the stock crashed due to "inventory building up in the channel". Granted that Dell doesn't sell through the Channel, however, pricing and demand pressures being felt by other top notch competitors - HP/CPQ/IBM all of whom make quality products despite what might be noted on this thread - is a very dangerous near-term signal. I am looking for a significant pull back in order to buy.

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