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Technology Stocks : Dell Technologies Inc.

DELL 127.22

+3.8%

3:59 PM EST

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To: RationalX who wrote (35798)	3/27/1998 7:42:00 AM
From: Mohan Marette	Read Replies (2) of 176387

RationalX: If memory serves me correctly Kurlak didn't downgrade the stock when it was at $100,but rather when it was in the mid/high 80s. The price drop was due to earnings warning by Intel,and nothing to do with Kurlack. When the guy came up with his prognostication the stock dropped couple of bucks for the day and that was about it.Remember this is the guy who predicted the demise of PCs, some technology specialist he is. The guy is a washed out 'old-timer' who doesn't know 'jack' about technology in my opinion.To conclude, I also read somewhere that the upgrades/downgrades by many like him has nothing to do with fundamentals or growth prospects of the companies they cover but rather it has a lot to do with their 'egos' and 'presitige'.

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