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Technology Stocks : DELL Bear Thread

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

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To: SecularBull who wrote (1427)	8/3/1998 9:00:00 PM
From: jjs_ynot	Read Replies (2) of 2578

I haven't done a detailed look at DELL in quite a while so I am going on guestimates. I had computed an end of Calender year 1998 price of about $95. That was based on about a 45 percent annualized growth rate. I am given to understand that DELL hit 65 percent this quarter. If that is true and IF they can hold that rate throughout the year; I think you could see DELL approach the 120 to 140 price at year end. However, DELL is in quite a downtrend right now. If the growth rate slows a some the $95. could be tough. So I see a volatile period for this stock ahead as I have said in the past and perhaps a trading range of 70 to 120.

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