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Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

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To: edamo who wrote (110698)	3/22/1999 1:41:00 PM
From: PAL	Read Replies (2) of 176387

didn't drown on 10/28/97, survived 10/8/98 when dell gapped down 22 on the open...can you seriously think today is worse than those days...bought at 43 pre split on 10/8/97...now 21.5 post split Have you bought more since then? I know some people on this thread hav bought at 105+ (presplit), so that their outlook for Dell is quite different from those who got Dell a long time ago. Dell is barely even from end of last year. For those who bought at the high, the stock has to move almost 50% from current level just to break even. These facts are of course in the mind of mutual fund managers. You said that you would be happy for a return of about 20%/year. To achieve 50% returns on Dell from current level, how long do you it will take? I can understnad those who sell Dell at this low price. May be they are wrong, but we said that to those who sold Dell at 44, did not we? The point of this post is that: We can repeat how good Dell is. However, we are selling to outselves. The market does not view it that way as it is reflected by the stock price. At the rate we are going Dell stock might be selling less than CPQ. Scary isn't it? Paul

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