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Technology Stocks : Dell Technologies Inc.

DELL 117.79

-1.4%

3:56 PM EST

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To: jim kelley who wrote (67293)	9/24/1998 7:16:00 PM
From: Lucretius	Read Replies (5) of 176387

Not that it is any of your business, but I own LEAPS for income tax reasons. Plus, I don't want to miss out on the '99 bear. You guys feel free to margin up on every drop, but I'm TELLING you: You have no idea what lurks just around the corner for the world equity mkts and economies. DELL is a great company but not worth even close to the current valuation in great times. When times get hard, DELL will be worth much less. DELL is expanding w/ new production facilities throughout the world (more supply) Just what do you think deflation is all about? It is too many goods chasing too few buyers. The current valuation assumes 50% growth into infinity. Even if you don't know what I do, common sense tells you that nothing grows forever. Especially not a co. that puts chips in plastic boxes and sells them. -Lucretius

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