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Technology Stocks : Dell Technologies Inc.
DELL 117.44-1.6%3:59 PM EST

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To: Joseph Francis Torti who wrote (68508)10/1/1998 2:00:00 PM
From: Chuzzlewit  Read Replies (1) of 176387
 
Ah, the perils of being a trader!

Joseph, my best advice to you is this: hold your position. Dell is one of the finest, if not the finest, company in the world. Earnings continue to grow at unimagined rates, and indications coming out of last week's analysts' conference is that Dell will exceed 13% sequential growth (I know this because they said the were comfortable with 13%). The NASDAQ is getting killed right now but even in this charnel house Dell is only down a little over 10% from its all-time high.

If you remember October of last year, Dell had dropped around 35%, but there was nothing fundamentally wrong with the company. Had you bought at the high before the October crash that investment would have returned a mere 133% as of today.

So I give you the same advice I gave Freeus -- sit on your hands.

TTFN,
CTC
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