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

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To: Frank Ellis Morris who wrote (127473)5/20/1999 9:37:00 PM
From: Joe Sabatini  Read Replies (1) of 176387
 
Perhaps Dell didn't do well enough to justify their current P/E, especially considering the prospect for higher interest rates over the coming year. This does not mean, however, that Dell 'sucks' or that Michael Dell doesn't deserve to be CEO any longer. I'm not sure how many people on this thread realize that no company can continue to grow at 60 percent annually forever. It's impossible. Frankly, you should be pleased with how well Dell's stock price has held up recently. If you got in at 100+, it may be at least 6-12 months before you break even. But that's the price for getting in at the peak of a buying frenzy. I think we all know Dell will be back eventually.
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