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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (21621)7/15/1998 12:07:00 AM
From: Mephisto  Read Replies (1) of 94695
 
William, I do not follow Dell. I do not read the annual reports etc.So I don't have the slightest idea why DELL is trading at such lofty levels.

We know the market for PCs is sluggish. We know this because many tech companies, like AMAT & even INTC, have missed earnings. Specialists in the field, like Texas Instrument's CEO have told us there is a slown-down in PC market.

Asia is not the only continent that has economic problems. Russia just got a big IMF loan.

I believe the economy will slow down, like Russell said. How long will it last? Will we have a mild recession or a serious recession? I hate to use the word depression.

Our dollar is strong. The US has many jobs. How long will it all last?

If I had the answer, I would be very, very rich!!!!
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