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

To: John Hauser who wrote (22389)	11/21/1997 2:27:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 176387

John, if we can substitute the word perception for emotion, then we are in total agreement. No one has been able to calculate what a stock is actually worth. None of the discounted cash flow models work adequately because they cannot objectively measure the risk in an equity. So, bottom line, a stock is worth what the market says it is worth. Calculating the "intrinsic value" is as much a waste of time as calculating support and resistance levels. It really is no different than any other asset. It is worth what a willing seller and a willing buyer agree it is worth. Regards, Paul