Market forecast for the next month: flat for the rest of the week; this Friday afternoon, down; up on Mon, Tue, and Wed by a few points, then down to flat again for the rest of the month; up in the beginning of April, then down again to local minimum in mid-April as the market waits nervously for the earnings reports.
I know some of you here were commenting about Warren Buffett's bullish report, but according to this Money magazine article, many analysts are interpreting the article differently.
pathfinder.com
More competition for Dell:
news.com.
As I said here many times a while back, I think that used and remanufactured computers will become a larger part of the market, especially as they increase in power while dropping in price. Even businesses don't need top power for every station, or even most stations.
I'm not saying that Dell will not do well, just something to consider for the future. At some point, the 50 p/e is probably going to drop considerably. |
