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

To: D.J.Smyth who wrote (162336)	10/24/2000 8:53:59 PM
From: Mike Mullen	Read Replies (2) \| Respond to of 176387

Re: after hours due to NT <<screwy. NT has a market cap of $204 billion with sales of around $29 billion. NT comes out with a 30% to 35% growth prediction for next year (MUCH HIGHER than they predicted in the 3rd qtr. of last year, then ended up beating the growth by delivering low 40%). so what does the Nasdq and NYSE do?...they sell off CPQ in the afterhours. let's not forget Dell too. even though Dell is committing to 25% to 30% for next year with 1/3 the market cap of NT...even though IDC is predicting corporate sales in the 25% range for next year...even though we're all tired of shenanigans and pricing privilege>> Judging from the timing of the quotes from afterhours I would say the drop in Dell had more to do with MC of Compaq revising Q4 down .04 due to Euro issues. IMHO -Mike

To: D.J.Smyth who wrote (162336)	10/25/2000 9:44:06 AM
From: edamo	Read Replies (1) \| Respond to of 176387

d.j.....your comments are too logical....this is a less then efficient market, being driven by less then experienced (real world business) analytical types.... just look to blodgett's comments on amzn....great to grow a business, whether it profits or not...and the stock opens up+14%!!!!!! all about "perception".....even if a bit ( or a lot) skewed,such erratic movements wouldn't have occurred twenty years ago...it's the by product of the new, fearless investor and fund manager, who believe ten times returns are a given... not sure if value will ever again be appreciated or recognized...after all, its the "expectations" of the less then real world astute analysts, that cause the choppy seas! good luck...ed a.