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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (49582)3/3/1999 12:50:00 PM
From: Michael Bakunin  Read Replies (2) of 132070
 
They remember yesterday's immense buying opportunity, don't they? <g> If you ask me, DELL's hanging on for three reasons.

Hype 1: Michael Dell has been on a whistlestop tour of regional radio and TV shows, promoting his company's and industry's prospects. Broadband! P3! Buy stock now!

Hype 2: Splitsville, baby. Stocks that split are worth more.

Hype 3: Dell is now an internet company ("gigabuys"), and soon will be valued on the same metrics as Amazon -- 30x sales. 600% upside! And what if it's P/S goes up to Yahoo's... as good old Ralph Records used to say -- buy or die.

Whew! Punk rock.

mb
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