patrick, Get a clue G.
I said (check the thread) that DELL will trade down to 40's, I was wrong, it may be worse. CSCO is about to get its clock cleaned and DELL is warming up. SCREW Intel's earnings, this is a totally value driven market, that means PE, PE PE. DELL has a stratospheric PE. It needs to correct. DELL at 38-40 is reasonable. Thats only 10-12 points lower. twoor three bad days and we are there. If I am scaring you, thats good. I am sick of the morons on this thread pumping and humping this stock like it walks on water. It is a good company but its valuation is totally out of control. When you hear the majority of people on the thread talking about how this one stock will help them retire rich you know that something is seriously wrong with the market and with DELL. No doubt that DELL will bounce here somewhere but the trend is down my friends and the TREND is indeed your best friend. BUY DELL, AT 35-40. It will head down there with Intel, Cisco, Microsoft. The NASDAQ had been beat bad but these stocks have escaped the carnage, no more, The time has come to sell this crap out and clean house. Then we can rebuild sane valuations. Don't fall in love with a stock, learn to be objective. This thread is love struck. Be an investor, not a moron, buy DELL at a good valuation.
AMAT is also going to get destroyed. I would love it at 14-15.
Peace,
Chuckie
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