SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: BUYandHOLD who wrote (161970)10/10/2000 6:02:25 AM
From: Sig  Read Replies (1) | Respond to of 176387
 
How analysts viewed the PC market in Oct 1996 with Dell at 2 1/2 sh: Sound familiar??
Message 428086
<<<<Major U.S. electronics retailers said Thursday that home PC sales were weak in October and analysts see few signs of a recovery without lower prices or a technology breakthrough.>>>
<<<< "Everybody seems to have stopped buying PCs all of a sudden," said Janney Montgomery Scott analyst Terrence
McEvoy.>>>>
<<< "The business today is less first-time buyers and more repeat customers," said Robertson Stephens analyst Edward Lee. The pool of entry-level buyers is contracting and the PC industry increasingly relies on second- or third-time buyers, who are smarter than novices. Veterans look for vendors offering lots of peripherals, such as Compusa Inc , or discount mail-order houses, such as Dell Computer Corp and Gateway 2000 Inc , analysts said. >>>

And Pat said:
I like this part the best:"Defying the downdraft are mail-order computer vendors and sellers of computers to
business, which are both thriving."
Sig



To: BUYandHOLD who wrote (161970)10/10/2000 1:35:55 PM
From: John Koligman  Read Replies (2) | Respond to of 176387
 
I would tend to agree with you that this stock is closer to some type of bottom now, as most of the 'mania' has been wrung out over the past two years. If the techs behave the way they have in the recent past, we should see a rally into the holiday season. Of course, if Mikey says '2001 will be a super year' then all bets are off <ggg>.

Regards,
John