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

To: mepci who wrote (161099)	9/26/2000 9:41:26 PM
From: Meathead	Read Replies (1) \| Respond to of 176387

Re: would you consider DELL is overvalued now? I would consider Dell somewhat undervalued now. But by current market standards, it's quite undervalued. Based on the new revenue and earnings growth guideance given earlier this year, I had pegged Dell's full valuation for 00 to be ~45/shr. I was surprised when it ran to an overvalued $60 and am now surprised that it's a whisper away from $30. $45 indeed seems to be about the midpoint. But that's the way the market is... it overshoots and undershoots wildly. Based on next year's growth rate and retained earnings, my estimation for fair value is ~55/shr provided there are no disasterous quarters, economic meltdowns or complete and total disinterest in any company even remotely associated with PC's by the street. Which means the trading range will probably be between 40 and 70 next year. MEATHEAD