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


To: rudedog who wrote (153588)2/11/2000 12:10:00 AM
From: DYW  Read Replies (2) | Respond to of 176387
 
As I see it, despite all the bears saying that DELL has lost it's momentum - growth status, and is dead money going forward, we could actually see some very strong support here, and probably a fairly rapid climb to the low to mid forties. Besides any actual news, my reasoning is as follows:
DELL has now dropped approximately 30% fairly rapidly. As such, as long as it performs at least up to expectations going forward, it should be viewed as a bit of a value play, or a hedge against a Nasdaq melt down, seeing as it would probably sink less from here than those still flying high.
At the same time, it still definitely qualifies as a growth stock (30% growth is enough for such a qualification in my book, anyway), and an Internet play.
So, you've got a hybrid that ends up being a bit of a defensive/aggressive play. With many investors getting very worried about the nose-bleed valuations on the Nasdaq, but at the same time being petrified of being left behind on the technology train, DELL may be just the ticket.



To: rudedog who wrote (153588)2/11/2000 1:20:00 AM
From: stock bull  Respond to of 176387
 
Hi Rudedog, sounds like Dell has lost the formula. Won't be the first, nor the last time that a company has grown so fast, and to such a size, that management loses control of the business. Been there, seen that...

Stock Bull

PS: I have a stop loss order in for tomorrow morning. If the stock gaps down, I'm gone. I rarely use a stop loss. Really don't believe in there use very much. But, I think this is one time that it's wise to use one. If I'm wrong, so be it.