Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 125.83

-1.1%

2:50 PM EST

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To: Chris who wrote (45207)	5/28/1998 3:41:00 PM
From: Chuzzlewit	Read Replies (3) of 176387

Chris, I never predict prices on the basis of fundamentals. But I can offer you a rationalization of what happened. Stock prices are the result of investors perceptions. If those perceptions are at variance with reality the price of the stock moves substantially. Obviously, some investors had unreasonable expectations about Dell's earnings, and when earnings were reported they were disappointed, and sold. It is not a question of over or under valued. Obviously to someone buying the stock it is either the right value or under valued and conversely to someone selling the stock it is either properly valued or over valued. Please define exactly what you mean by momentum. In physics it is mass times velocity. In Dell I thought we saw big increases in volume and prices.

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