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

To: edamo who wrote (140436)	8/24/1999 10:18:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 176387

Some fuel for LT. ;-) Insiders registered sales of about 10 minutes of today's volume. DELL COMPUTER CORP. (DELL): Dell Computer Corp. insiders registered to sell a total of 568,800 shares of the company's common stock. Senior Vice President Joseph A. Marengi registered to sell 300,000 shares, Director Claudine B. Malone registered to sell 115,200 shares and Director Thomas Luce III registered to sell 153,600 shares. Marengi, Malone and Luce intended to sell the shares on August 20 on the Nasdaq Stock Exchange. Goldman, Sachs and Co. was listed as the broker for the sales.

To: edamo who wrote (140436)	8/25/1999 12:08:00 AM
From: stock bull	Read Replies (2) \| Respond to of 176387

Edamo & All; let the facts speak for themselves. www3.techstocks.com Stock Bull

To: edamo who wrote (140436)	8/25/1999 1:58:00 AM
From: Yamakita	Read Replies (1) \| Respond to of 176387

Ed, if you're in the business of making money, of more than 5,000 listed stocks, no single one would have made you more than Dell over the past ten years. I would say that that particular CEO has more than met his responsibility to his shareholders. The market never lies, but neither does Michael Dell. It is emphatically NOT his job to be concerned with the day-to-day stock price. It's his job to be concerned with the stock price averaged out over the next ten years. He didn't have any close competitors in the first ten. Have a cheesesteak! Yamakita

To: edamo who wrote (140436)	8/25/1999 8:25:00 AM
From: jttmab	Read Replies (1) \| Respond to of 176387

ed, You make a reasonable case. I'll make an assumption or two about your logic, so feel free to correct me if I'm in error. You've picked 6 months as the view. I'm assuming that you haven't selected 6 months because it's least favorable to DELL within the group but because you hold that a six month view is a "good" indicator of the perception of the market place. Also, if I were to compare, say, GTW vs. DELL in the six month view the difference is clear. Now does this imply something predictive in the next six months. Over the next six months will GTW continue to outperform DELL? Also, the market is somewhat more complicated than the perception of market growth. I can agree for sake of argument that the market is always right, but I would ask is the market always accurate? If I were to move the 6 month view to a prior 6-month window ending with DELL's high of 55 and compared that against the group I would come up with a different conclusion about perception and future growth. Let's ignore why the "perception" changed, I think we would all be in agreement on that point. But the point I would like to make is that, I think, nearly all the longs would agree that in Feb, DELL was overvalued. The momentum of the perception carried DELL well beyond what it should have been. If that is true how does the market accommodate that situation over the following 6 months? Back to the perception of DELL, which I wanted to ignore above. It most likely changed because of growth rates that did not exceed analyst expectation in two consecutive quarters and not the absence of dog and pony shows. So would it be reasonable to expect share value to languish until growth rates in two or more quarters re-established a new perception? One last question. Generally, what are you looking for to be able to raise your hand and declare the trend has changed? Best Regards, Jim