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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: stock bull who wrote (132731)6/15/1999 2:13:00 AM
From: JRI  Read Replies (2) | Respond to of 176387
 
As I stated, if the forward is good and no additional Y2K "bad" forecasts come out, and seasonal demand picks up 2nd half (as we are accustomed to..), then I think Dell's stock can appreciate at an annual rate close to its growth rate (35-40%)....

I anticipate Dell will run weak into earnings (maybe approaching 40), and settle in the 35-40 range post-earnings....and then run to 40-45 for the next earnings, with a shot at high 40's around new year...

I am assuming that this interest rate scare is overdone, and that rates will settle back below 6% by July 1 (after Fed meeting), and be range bound for a while (upper band slightly above 6%)..

If Dell would somehow run up to 45 before this next earnings (which I dont really see..but then what do I know)...then maybe some lugheads think .18 is coming.....and the stock could take another nice drop post-earnings...but I think this will be a wait-and-see quarter...

But what do I know? Sig et al know much more than I on this one...