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Technology Stocks : Dell Technologies Inc.
DELL 133.180.0%Nov 28 12:59 PM EST

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To: Grant who wrote (111808)3/24/1999 5:10:00 PM
From: Hector  Read Replies (1) of 176387
 
Grant,

Agree about the long term. Fundamentals eventually determine where prices go. Fear and greed determine the short term.

I'm a believer in "reversion to the mean". Dell has been trading way above its historical P/E for the last year. If I'm right, then Dell has a long way to go down. It's current P/E is unsustainable especially if a bear market is looming on the horizon.
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