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Technology Stocks : CSCO, MSFT, DELL and the future.
MSFT 517.81-1.5%Oct 31 9:30 AM EDT

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To: Otis who wrote (33)5/13/1998 1:32:00 PM
From: Jim Patterson  Read Replies (1) of 46
 
re:<< DELL will close at 100 by end of week. BUY BUY >>

With DELL @ 98 on Wed, I was going to ask if $100 was the expected move for the week.

That is great, about 60% in 5 weeks.
I hope for the longs the stock keeps up this rate of change for another few quarters.

I Figure if the stock can trade at 10 times Est sales of Aug 1999.
@ 60% Q/Q growth it will be about 25 billion.
That will be a 250 billion market cap, about what MSFT is today.
Devide that by 620, 640 Million outstanding shares less buy back and you get about $400. Discount that back @ 6%, and you get a current target of about $360.
So DELL should have 260% upside from here.

Jim
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