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Technology Stocks : Dell Technologies Inc.
DELL 125.96-1.0%3:59 PM EST

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To: Patrick E.McDaniel who wrote (376)11/5/1996 2:11:00 PM
From: jim kelley   of 176387
 
Patrick, BTB is due out Nov 7 after close!

Incidentally there are some reports that INTEL is
going to have a blowout 4th quarter. Also, some rumors of
an INTEL buyout or merger with another company(??).

Reputedly, this is from First Boston. Perhaps, this can explain
some of the shortages despite Intel's hugh manufacturing
capability.

Also, CMP report predicts a 97/share target for DELL today.
Based on P/E=20 and 4.85 earnings. Also, 125-140 within two years.
However, in a market pullback they think it might hit
55-65 /share for a while.

It is a good day when the stock behaves the way you expect.

Jim K.
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