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Technology Stocks : DELL Bear Thread

DELL 133.20

+5.7%

3:59 PM EST

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To: lin luo who wrote (1234)	7/21/1998 11:50:00 AM
From: Ming	Read Replies (1) of 2578

There isn't a lot to learn here. All that there is to realize is that it's impossible predicting short-term prices. And to make you happy, there has even been doctorate-level mathematical studies done on the subject to prove this point. I made a reasonable guess. I'm still not wrong, as Dell is far from 130. My mistake was even trying to predict the absolute top in the first place. Bottom line remains that the stock is horrifically overvalued from a long-term perspective, and that regardless whether it will go to 125 or 135 in the coming weeks, it will end up at 50 or less a couple of years down the road.

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