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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST

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To: ForeverDell who wrote (124818)5/14/1999 5:04:00 PM
From: Grandpa Joe  Read Replies (5) of 176387
 
He downgraded DELL on valuation?? You got to be kidding?

The most conservative analysts believe DELL will grow earnings and revenue at 35% in 1999. The S&P 500 in comparison has an anticipated growth of 8%. Dell's P/E is around 80. The S&P 500's is around 35. So DELL is growing 4 times the S&P 500 yet sells for a little better than 2 times the S&P 500's P/E. If you do this analysis on a forward P/E basis DELL looks even better.

If anything he should have UPGRADED DELL based on valuation.

I don't think HWP will help us on Monday. The Market's focus on FOMC is too great. We will have to wait for Wednesday. Hopefully, the numbers are soooo good that the volume ramps up big enough to overwhelm the MMs who want to bring DELL down to max pain by Fri.

I think the real break-out will occur after options expiration.

Sorry if I rambling too much. Have a great weekend.

Gramps
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