The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (10205)	1/28/1999 5:37:00 PM
From: Sure Thing	Read Replies (3) of 90042

Tim, Good call on dell! Why did you feel so strong about buying dell yesterday after it fell from 91 to 88? I sold my position in dell yesterday at 90. Several weeks ago put 1/3 of my resources in dell between 78 and 82. I picked 90 as my target because dell would have a PE < 100 at that price. I thought the only way dell would obtain a PE > 100 was if we had a huge NAS rally. Well, we got that rally today and dell's PE is 100. Wow! Does dell's PE matter? Also, I took some of the profits from dell and placed it in a low PE stock that should have a 25% upside this quarter. That stock was XYLN. Jumping from the wild buck to the slow & sure donkey, - Sure Thing -

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