Uncle Frank...Great Post (except it would be nice to stimulate sales of new DELL products)...I just was on the Yahoo Finance DELL thread and came across one of the more optimistic forecasts for DELL. I thought you might enjoy it. If DELL performs half as well as this poster predicts, many long term DELL holders will be richly rewarded.
Here is the Yahoo Post on DELL's future (too bad its only an opinion):
<<Dell will hit $110 pre-split ($55 post split)
....and then find its way back to $100 by July. Dell is up over 5500% in the 90's. If you owned 100 shares of Dell in 1992 and held them, you'd own 13,000 shares today after the seven splits. I predict that Dell will increase 2500% over the next five years, just behind its pace of the 90's. At this slowed pace, $10,000 today will be worth $250,000. I own $30,000 worth of Dell, so I plan to retire in five years.
Dell was the stock of the 90's, and is the stock of the future. >>
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Even though they may be a little ahead of themself in this post, IMHO DELL will prove that they are the next DELL and deserve a premium valuation going forward.
Regards,
Scott |
