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Technology Stocks : Dell Technologies Inc.
DELL 127.22+3.8%3:59 PM EST

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To: Mohan Marette who wrote (77571)11/10/1998 12:01:00 PM
From: PAL  Read Replies (1) of 176387
 
Mohan-san:

Dell will be selling to the average Joe's even without trying. And Christmas is even better. This is the reason:

DELL (NASDAQ:DELL - news) holds the distinction as a business PC seller but we think those same people go home and may think of buying DELL for gifts and themselves this holiday season. DELL now reports selling $6 million per day of PCs via the Web. It was just $1 million a day a year ago and that was thought to be phenomenal at the time.

An excerpt from today's IBD:

Dell Computer broke out of a six week base late Monday. "Dell computer's growing their reveenue and their earnings at over 50% a quarter," Minervini said. "They have a 79% return on equity. And I think their franchise is getting stronger."

For those contemplating of selling Dell, that same article says: DON'T ROTATE INTO JUNK", which means: if you sell Dell, use the money to buy Dell!!

Regards

Paul.

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