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Technology Stocks : Dell Technologies Inc.

DELL 126.37

0.0%

1:51 PM EST

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To: BGR who wrote (79707)	11/13/1998 9:55:00 AM
From: Captain Jack	Read Replies (1) of 176387

IMO whatever any issue will bring is its value. DELL may be able to sustain the present P/E by constant growth and record profits but any slip and they get a slap as those with big profits to protect run away. The traders and momentum players keep it at these lofty P/Es as the price continues to rise they fuel their own fire. Once they are disappointed and leave it is a long way down. From the top that is the only place to go. This may be a short term or very short term fluctuation. IMO the bigger long term possibility is in CPQ and Micron. CPQ will be out of DEC headaches and has already made some changes with more on the way to nip at DELL. Micron will probably be bought out IMO. The long term of 3 - 5 years is just my guess as I plan on holding few issues longer than a few months.

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