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


To: kaka who wrote (162837)11/21/2000 3:18:21 AM
From: exhon2004  Respond to of 176387
 
kakamongous:

re >>Some nitwit at Wit Soundview calls some pc stores across the country, finds weak demand and downgrades Dell and Apple based on those close to the consumer space.<<

As easy as it is to be outraged by the anal ysts, one should take another look at the service they can provide. They scare money out of a stock with an analysis that isn't worth scratching out on toilet paper.

The price drops to an artificially low level. More discerning money picks up the stock at a low price and the stock recovers when the false story is discounted out of the stock by subsequent events.

I bought Dell for the first time on a huge downdraft and to the extent the anal ysts accelerated the drop, I suppose I should thank them.

Regards,

Greg

PS: I hope you're not a trader. If so, sorry.