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Politics : Ask Michael Burke
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To: Mama Bear who wrote (44725)1/27/1999 5:46:00 PM
From: RealMuLan  Read Replies (1) of 132070
 
Barb, just remember what's happened to Dell when last quarter earning came out. I expect the same will happen this time. Of course, there is a possibility it will run to as high as $100 although I doubt it. Methink $95 tops, I might be wrong. But even if it goes there it won't stay there. Dell will be a trading stock in a certain range for a while. Long or short, you can make money if you are quick. Another thing to remember is that the average P/E ratio for Dell is 39 something in 1998, the highest in its history. And this year their growth rate will certainly be slower than the last. So how can it remain in a P/E of >90 for long?
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