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

To: kaka who wrote (175175)	9/12/2005 7:27:06 PM
From: stock bull	Respond to of 176387

Just read the same news release on Schwab's site. I believe this is a long term recommendation. I've highlighted this part of the article in bold: 6:49 PM ET 09/11/05 Dell shares look appetizing - Barron's NEW YORK, Sept 11 (Reuters) - Shares of Dell Inc. are at "appetizingly depressed levels" after Wall Street "seriously overreacted" to its recent quarterly figures, financial publication Barron's said in its Sept 12 edition. Barron's said pessimism about Dell, the largest PC maker, has gone too far, with the shares having gone "nowhere for the past five years." It said the stock could climb more than 30 percent. Despite a recent slip, the company still has an excellent strategy for personal computers and has been pushing forcefully into new regions and new products, the publication said. In August, Dell forecast quarterly revenue below market expectations on weakness in U.S. government sales and low-priced consumer PCs, which put pressure on its shares. Barron's cited analyst Ted Moore, who advises portfolio managers in the private banking group of National City, based in Cleveland, as thinking a recent drop in Dell's stock represents a big buying opportunity. The stock could well head to $50, Moore said. Dell closed on Friday at $34.65. Barron's said projected sales and earnings forecasts by analysts over the next three years demand a "higher market valuation than Dell is now accorded". It said the stock could head "at least to the mid-40s, and quite possibly to the 50 mentioned by analyst Ted Moore." REUTERS