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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (32016)	10/4/2000 5:26:00 PM
From: donald sew	Read Replies (2) \| Respond to of 42787

Paul, Per Yahoo, DELL still has a P/E of 42 at todays close. That seems a bit high in the current market, considering that the growth rate in DELL is also declining. I would not have been surprised if DELL's P/E dropped to the 25-30, which would be more than a $3.00 drop. MU is up $4, which should help the SOX and may also help the NAZ and possibly counter the DELL drop to some degree. Still a fair chance for a short-term rally to continue a day or 2 more. Earlier , RON ISSANA(CNBC) said "SELL on ROSH HASHANNA - BUY on YOM KIPPUR". I checked with my broker who is Jewish and he still says its "BUY on ROSH H. - SELL on YOM KIPPUR"