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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Lazlo Pierce who wrote (9468)6/1/1998 1:07:00 PM
From: larry  Read Replies (2) of 18691
 
David,

I am glad that I did not follow lots of hedge fund managers' steps to short DELL, one of my biggest mistakes in the past was not being bullish enough on DELL.

DELL has enough room to grow, especially considering that their market share is a mere 7%. Throw in the very top management team and the best business model, I do see that DELL doubling within 12 months. It will need a true bear market to tank DELL, which I highly doubt will be the case.

The amazing thing about DELL is that if might retreat to high 60s or low 70s in the near term. BUT when it starts to fly, it can go back to 100 within 3 weeks.

good luck,
larry!
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