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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

Nov 21 9:30 AM EST

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To: Mohan Marette who wrote (130176)	6/1/1999 4:32:00 PM
From: John Hauser	Read Replies (1) of 176387

Anybody look at Dell's valuation over the past 4 qtr's. @59 w/50% yoy earnings growth. With slowing growth, what's a reasonable valuation? Anybody remember Oct. 97. Dells P/E contracted into the 20's. Where would that leave us price-wise? It is ugly and I'm 60% cash. JH

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