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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST

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To: Lee who wrote (55088)7/29/1998 5:22:00 PM
From: Jim Patterson  Read Replies (2) of 176387
 
RE: But if you're just trading this stock, then as you say you don't care as much for hard core fundamentals . In that case, then how come you constantly bring up fundamental issues, especially long term issues?

Because I think the company is fundamentaly over valued by about 60%

I know how well DELL has done, Ect...

But I don't think the company is worth 68.5 Billion Dollars.
2 Times sales should be expensive.
In a bear market, DELL should trade at .5 to 1 times sales.
People talk about all of the free cash flow DELL has.
Well, they spent it all to buy back stock. If times get tough, DELL could run out of money quickly, Despite their negative cash conversion cycle.

Jim
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