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

To: Ibexx who wrote (143965)	10/6/1999 11:47:00 PM
From: Sig	Read Replies (3) \| Respond to of 176387

The bears took Dell down from 55 to 41 in Feb, which I thought was a bit low, because of only 38% growth in sales y/y. Today, after 9 months of growing at the typical 50%/year rate Dell is still ~ $43. Either the consensus stock price of $41 was wrong in Feb, or it is wrong today because if Dell grows only at a 40% rate( due to potential shortages) the stock today should be up 30% or around $52. Analysts predicted a growth rate of 19% in computers this year. They were wrong, it was 38% in the US. Analysts predicted a reduction in margins for Dell due to declining computer prices. They were wrong. Analysts predicted the 50% growth years for Dell were over due to sheer size of company. They were wrong. Summary: I don't have a clue as to whats going to happen tomorrow. But somebody, somewhere, is going to be wrong(G) Sig

To: Ibexx who wrote (143965)	10/7/1999 1:36:00 AM
From: Sam Bose	Read Replies (1) \| Respond to of 176387

Ibexx, Hope you're right. Problem is if Maria Bartiromo echoes this on her morning call, and CNBC (or is it CNBS?!) repeats the negatives before we hear from the analyst meeting. That will just give the market makers an opportunity to ratchet the price down. The stock was under pressure all day today reflecting the uncertainty, but Goldman Sachs was a huge net buyer, stayed on the bid constantly. Guess we'll find out tomorrow soon enough how the market reacts. Cheers, Sam