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Technology Stocks : Dell Technologies Inc.
DELL 122.70+0.2%Nov 18 3:59 PM EST
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To: CRICKET who wrote (57733)8/11/1998 9:35:00 PM
From: DavidO  Read Replies (1) of 176387
 
Here is some commentary on a news letter I subscribe to:

DELL $106.25 -3.94 (-.94 week) Another market induced drop
after a great day for Dell yesterday in the middle of an ugly
low volume market on Monday. Dell was up +$3 yesterday.
With only one week to earnings we can't take many more of
these market induced drop days. This kind of market can kill
any run, even for a super stock. We are getting dozens of
emails claiming big earnings numbers for Dell. None can be
confirmed of course. The whisper number is rumored to be $.51
and earnings have been rumored to be as high as $.56. The
current first call estimate is $.46. Obviously if Dell beats
estimates by $.10 that would be a blowout and the stock
should react strongly even without a split announcement.
Strong earnings like that would lower the PE to the mid 40's.
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