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Technology Stocks : Dell Technologies Inc.

DELL 122.68

+0.2%

3:59 PM EST

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To: Logos who wrote (45266)	5/28/1998 5:16:00 PM
From: Walt Corey	Read Replies (1) of 176387

re:You seem to expect Dell's share price to grow at a pace rapid enough to take PE past 100> Absolutely not. Although there are companies with P/E's higher than 100, I don't see dell doing that. I further don't see Dell being at $100/share post split again this year, but by next spring I do. I expect 3rd and 4th quarter to be very good, with respect to 1st and 2nd. Basing earnings on forward growth the P/E is closer to 40, not bad if they can grow their market. I would see their forward P/E climbing if they do, and, I expect they will. Walt

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