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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: Dr. Jeff who wrote (99065)	2/14/1999 3:40:00 AM
From: Steve Fancy	Read Replies (1) of 176387

Yup, Dell's P/E is unsustainable. Growth has been slowing. I am neither long nor short this stock, but I suspect a long overdue reality check is in the cards. How is Dell going to make any money on $600 PC's? IMO, that's where this thing is going short term. We're seeing the first give-away with free-PC. They're gonna be handled like calculators soon. IBM figured this out some time ago. Dell must diversify into software or services. I predict there will be no stock split and may be a buyer sometime this year in the $25-$40 range. sf

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