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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

Nov 21 9:30 AM EST

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To: Frank Ellis Morris who wrote (83800)	12/5/1998 4:32:00 PM
From: Uncle Frank	Read Replies (1) of 176387

>>I have been very disappointed with the lagging performance of Dell for some time Just how long have you been disappointed, Frank? I looked at your favorite stocks and charted the first 7 of them for 1998 (http://www.techstocks.com/~wsapi/investor/chart?s=INTC+MSFT+DELL+CSCO+MO+KO+G&pts=50&span=Weeks). Dell is #1 having grown 237% during that period; I would be more concerned with MO +27%, KO +7%, and G -11%. Your dissatisfaction index must be based on the last 30 days. Price cuts are part of the semiconductor and computer culture, just as sauces are to French cooking. Concluding that a price cut indicates dell is in trouble reflects badly on your industry knowledge. Intel just cut some microprocessor prices; should we view that as a sign that AMD is eating their lunch and call for Barrett's head??? Michael's job is to ensure the long term profitability and growth of Dell. If you feel he's doing a bad job, it's your option to invest in some other equity, but if you broaden your window a bit I think you will be more appreciative of his results. Frank

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