Jim, I've been busy with my internet stocks lately but it will soon be time to get back into the action on DELL. BTW, I just bought an Inspiron 7000 in order to stay in touch since I'm going to be away in Florida and Hawaii for most of December and January.
Here's a little ditty from the.street.com for your enjoyment.
Dell on Top
Gary,
What do you think of Dell (DELL:Nasdaq) now? Is it consolidating to newer highs or ready to break down to $50?
Thanks,
Patrick Scaglione
Patrick,
For Dell, I chose to look at a weekly chart going back a few years.
This clearly puts into perspective exactly what I'm beginning to think about this company: It's a freight train that just wants to stay on the upward-sloping track. Other than that, the only thing I noted was that volume has been declining the past few years. Ideally, you'd like it to continue rising as the share price rises, so I'd have to deduct half a letter grade from Dell. Still, the stock obviously warrants at least an A-.
On the fundamental side, I always thought the company was overrated. But, whoops -- I just started looking for a new laptop, and Dell is at the top of the heap. Only wish I had discovered how good they were a few years ago. |
