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

To: Sig who wrote (166489)	8/15/2001 7:42:32 AM
From: GVTucker	Respond to of 176387

This morning, First Boston retained their buy rating but cut their FY 02 and FY 03 numbers. They're now at 68¢ and 90¢ for FY 02 and 03, respectively, down from 70¢ and $1.00 previously. While DELL may indeed be taking over the world, that world just isn't as profitable as it used to be.

To: Sig who wrote (166489)	8/15/2001 8:23:29 AM
From: Bob Frasca	Read Replies (1) \| Respond to of 176387

You aren't seriously trying to compare Dell and IBM are you? It's not really a valid comparison for either the stock or the company. IBM, the company, has more revenue in services alone then all of Dell combined. IBM, the stock, pays a dividend and is trading at a much lower PE ratio. In effect, IBM is a mutual fund all by itself due to it's diversification. It has it's hand in so many pies that when one division does poorly the slack is picked up by another division. The ebb and flow of the economy has a much smaller impact, relatively speaking, on IBM than it does on Dell. IMHO, the days of Dell as a high flier are over. The company stands at the crossroads. Unless Dell can diversify it will never earn the respect that IBM has as an investment or a company. Just fyi, we own IBM because my wife is an employee and participates in the stock purchase plan (at a 15% discount) and has some options. (Underwater currently) I think Dell is a buy at $20-22. I sold at $27.00 and I don't think there is much upside from here.