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

To: edamo who wrote (153149)	2/7/2000 4:50:00 PM
From: JRI	Read Replies (3) \| Respond to of 176387

edamo....the 2/21/99....was not enough to drop the market's confidence in Dell.....back in Aug. '99..when Dell's stock was at 49 and change (and before Taiwan "crisis")...Dell's stock was on its way to having a good (but not great) year...so, it had recovered pretty well from the Feb. incident.... The Taiwan "crisis"...in addition to being rare, and unfortunate......was also badly mishandled by Dell's management....communication (to analysts, shareholders) was too slow, and too ambiguous....The 360 degree Q3 earnings turn (within a couple weeks) was not very savvy, almost amatuerish... The episode a couple weeks ago was also not very good...but, IMO, until the October debacle, the Street was still very positive about Dell...Dell had credibility to burn.... After all, a stock can not, ad finitum, out-run its earnings, EPS growth....Dell's growth, going back to 2/21/99...clearly showed a slowdown...so, a slowdown in the stock price in '99 was to be expected...however, what we are seeing now (and have seen since Oct. '99)..is the direct function of two badly handled incidences...less than any slowdown in growth... So, in conclusion, yes, it would have been nice had Dell tried a different approach in Feb. '99...but it was not that crucial (at that time) to get the stock going (again)...I would say that the sense of urgency is much greater now...Dell has less gold stars left..