Steven & ALL, the fact is that in the last hour of trading today, Dell tanked...down 3. Heavy volume of 23 million shares. Dell closed near the day's low. Only HWP did worse today. IBM up, other PC makers had small losses. IMO, with the PE being over 60, Dell is a fat cow waiting to be eaten by the major shareholders of the stock, ie, fund managers. One slip by Dell, and this stock will fall faster than anyone expects. So fast, you'll be lucky to get out with your scalp.
Maybe Michael Dell should hold an analyst's conference like IBM did. If things are going as well as most members of this thread believe, the conference can only help the stock. Of course, with earnings being reported next week, it's really to late to hold the conference. So, I guess we will have to wait and see how this plays out.
Would like to hear from anyone who may have a good analysis of the situation. That is, an analysis based on facts, not wishful thinking.
Stock Bull |
