Dell at 33. I hope not, but never ever say never. Lots of things that you never could forsee could happen. IBM could say something about Asia, Compaq may say something about ASPs. Who the hell knows what is going on in these markets. But always remember, its the idiot who thinks that the market is always going up that gets crushed. Sell into strength. Shot term I think this is $65-66 on the upside, 48-52 on the down side. Remember that in that turbulence in August Dell traded from 129 down to 95 in about a week, so never say never. I hope it doesn;t happen and it would be a great buying opportunity but sometimes the people on this group are the worlds best contrarian indicators. Every once in a while a few regulars on this thread will flagellate themselves and everyone else into a regular orgy of enthusiasm, you know what I mean. DELL will trade at 200 300, 3000 in a week, this will never end. Michael Dell will be president oneday. Relax people, its a freakin stock. A good one, but still just a stock. It, believe or not, can sometimes go down.
Peace Chuckie home.sprynet.com |