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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: gc who wrote (45413)	5/30/1998 12:06:00 AM
From: Gary Wisdom	Read Replies (1) of 176387

gc, re: <<I believe the "news" has been built into the stock price for now.>> You are 100% correct. If Intel was at $100/share right now, I'd be concerned. But, it's not. If Intel had a P/E like Amazon, I'd be concerned. But, I'm not. However, that won't stop the fearmongers (i.e. the idiots on CNBC) scaring the bejesus out of everyone and giving the big boys a chance to buy most tech stocks cheaper. The market is a crazy thing. With the exception of a very, very few stocks, buy and hold just doesn't work that well (except within finite time spans like the current bull market with selected stocks only). Then again, getting whipsawed via trading doesn't always work either. <ggg> For those unfortunate souls that bought Dell at $98, just take the pain. You'll see that price again, but it just might take a little while. Good luck.

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