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Technology Stocks : Dell Technologies Inc.
DELL 138.28-1.5%3:58 PM EST
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To: stockman_scott who wrote (102908)2/19/1999 8:52:00 AM
From: Jock Hutchinson  Read Replies (2) of 176387
 
These 12 month price targets on DELL are absolutely anemic--almost all at 90. Given the risk -eward ratio, it would seem to me that now is the time for the long-term holders of DELL to exit stage left. One must remember that there is a real possibility of significant multiple retraction, with virtually no chance of multiple expansion. I stand by my statement that DELL has already seen its 12 month high.

By the way, I truly enjoyed my 20% return on a two day short trade. Am looking to short DELL stock when it becomes overvalued again, and of course I will be a buyer when it is oversold. However, this isn't going to that great a trading stock like a MU, simply because there is greater volatility in the semi sectors.
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