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Technology Stocks : Dell Technologies Inc.

DELL 123.42

+0.6%

10:16 AM EST

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To: BGR who wrote (98896)	2/13/1999 5:39:00 PM
From: Chuzzlewit	Read Replies (3) of 176387

BGR, our disagreement is what ordinarily makes a market. As you know I have repeatedly said that while I cannot feel comfortable valuing an equity security I can get a feeling that the price movements have no basis in the fundamentals of company. That's why I remained long and sold covered calls for March (which I have since repurchased). I don't know how low Dell may go in the short run (it will depend on momentum investors, the phase of the moon, and squiggles on graph paper), but I believe that Dell has a fine future in the long run (which will depend on such irrelevancies as cash flow, increases in market share and the introduction of new, rapidly growing products). I am distressed that you are using CNPEG against me. It's always disappointing to have your own child turn on you (CNPEG, not you <VBG>). Kind of like Frankenstein's monster. TTFN, CTC

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