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Technology Stocks : Dell Technologies Inc.

DELL 117.44

-1.6%

3:59 PM EST

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To: JRI who wrote (36301)	4/3/1998 12:15:00 AM
From: Buffalo Bob	Read Replies (1) of 176387

John, I'd like to tell you about a similar experience I had with INTC. It was Dec. 1994 and Intel was having trouble with their new Pentium processor. A minor flaw was discovered and the stock had taken a pretty good hit. I thought it would be a good time to buy and figured it would be a pretty good entry point since it was about 20% off it's high of that year. The stock hit a low of 58 (split adjusted 14.50). About that time a "well respected analyst" appeared on CNBC and suggested buying the stock at when it hit 50 (split adjusted 12.50). I agonized over whether to buy or not and at what price. I kept checking the price daily and finally decided to wait until it hit $50. Needless to say, the stock never hit $50 and I never bought it. After that I kept hearing that it was overvalued. INTC has traded as high as 102 (408 had it not split) in the last few months and the few bucks I was trying to save and the "well respected analyst" have cost me a lot of money and taught me a hard lesson. The moral of the story...If you're a long term investor...If you feel that DELL is one of the great growth companies of our time...If you have confidence in it's management and believe in it's future and direction, then the decision is easy. Will the stock go straight up? Probably not. Is DELL a volitile stock? Absolutely, most tech stocks are. Will DELL sell more computers in four years than it does right now? I would think it would. If however, you looking to trade the stock short term and make a few points here and there, that's fine, just be aware of the risks. As far as advice, your guess is as good as anyone elses on this board and probably much better than the "well respected analysts". BB

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