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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: Calvin who wrote (65509)	9/14/1998 9:11:00 PM
From: Lee Lichterman III	Read Replies (4) of 176387

As a lurker on this thread for a long time I just had to finally write and ask a question that I am sure will fall on deaf ears but wanted to hear the rationalization. DELL has been a great investment for a long time and I fully understand the relation of high PE stocks to their growth as making sense but .... How can someone post a story about DELL having a projected growth of 40% while DELL is trading at a PE almost double that rate and everyone think it is good news? Seems to me that would mean that a fall to fair value is due which would be a drop of at least $10-15 a share. Especially when today's action confirmed the charts projected action. Race to 60 only to stall and fall. Seems to me this will be a bit cheaper by next Friday. Let my thrashings begin, <g> L3

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