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Technology Stocks : Dell Technologies Inc.

DELL 133.20

+5.7%

Nov 26 3:59 PM EST

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To: hsg who wrote (79567)	11/13/1998 2:02:00 AM
From: michael modeme	Read Replies (1) of 176387

I don't understand your post. My point is that one must look at changes in P/E to equate it with stock price dynamics. If DELL's P/E stays constant, then the stock price will rise at the same rate as the earnings. And with DELL, that's around 50% -- try to find that elsewhere. If the P/E starts to increase, then the rate of increase is related to the valuation. This has been shown empirically in the financial mathematics literature. Cheers

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