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Technology Stocks : Dell Technologies Inc.

DELL 119.41

-2.7%

Nov 19 3:59 PM EST

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To: Lucretius who wrote (63270)	9/13/1998 9:56:00 PM
From: Eddie Kim	Read Replies (2) of 176387

You're a popular guy around here. One always gets ostracized until proven correct. Anyways...I agree with you. I bought DELL last Friday and plan to sell tomorrow or on Tuesday hopefully $59 or above. I think you're right about this market...we are heading further down. I'm starting to think 6500 is a likely scenario and I think we might get there by mid October. People need to wake up a see that deflation is a fact. Take a look at Japan if you want an example. Furthermore, that real growth rate for the S&P 500 peaked two years ago and has been declining since. The DOW needs to correct to 5500 to get back to historic valuations and regardless of what people want to think, valuation is still important. I don't think we'll go that low, but 6500 is my target. When the market starts to slide again it will drag all stocks with it. Dell is great company with great earnings, but even it can't withstand the tanking market. I will look to re-enter DELL in the mid-$40s.

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