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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST

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To: Jim Patterson who wrote (44109)5/22/1998 1:43:00 AM
From: K. M. Strickler  Read Replies (1) of 176387
 
JP,

I have to agree that it is important for a company to beat the estimates, BUT IT SHOULDN'T BE! It seems to be 'historical' that not meeting the estimates results in a stock price drop, which is further depressed by a downgrade by a valued 'anal-zit', where a few 'large' blocks of stock are 'traded', further 'downgrades', more stock 'traded', and then the re-visitation by the 'anal-zits', the 'upgrade', stock price rise and we are off to the next quarter. It's like they are following a 'script'!

Regards,

Ken
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