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

To: Franco Battista who wrote (23109)	11/25/1997 9:28:00 AM
From: Rosemary	Read Replies (3) \| Respond to of 176387

Franco, You will have another time to short Dell, maybe not today because it looks like the shorts will be quickly covering. Their report and forward statements are getting rave reviews.

To: Franco Battista who wrote (23109)	11/25/1997 10:22:00 AM
From: Meathead	Read Replies (5) \| Respond to of 176387

Franco - Don't worry about me, if Dell drops to a PE of 10, I'll still be quite wealthy. I've seen pessimism drive stocks into the toilet and out the sewer pipes. I've seen Dell driven down to ridiculously low levels as well. But now, Dell is the fastest growing company for it's size on the planet. There are no delusional fantasies here, read the 10Q. Dell is a bellwether Blue Chip type stock so you won't see it beaten down senseless like in the past when it was much smaller. We will soon see a Beta contraction. I believe that maybe 1 out of a 1000 people are truly capable of visionary thinking. They can see beyond the noise and paint a clear picture of the future. They use fact based decision making. It's understandable that many such as yourself are convinced of a collapse because it's happened to so many other companies, "it always does", and gee, look at the chart... the line goes straight up! It's gotta come strait down! One must go back and investigate why these companies fell from grace. Not one of them fell because of consistent, predictable, increasing growth and earnings occuring in a business that was growing six to seven times the rate of inflation. By predicting Dell is due for a fall, you are making a WILD ASS GUESS based on emotion and anecdotal evedince. Re: "I never underestimate how high momentum will carry a stock, don't make the mistake of underestimating how low pessimism can drive it." Very true statement... but no substitute for being and staying educated and informed about the stocks you are betting on. You said you are short Dell as of yesterday. I don't think you or anyone shoud put money on the direction of a stock unless they fully understand the business. I bet you could not carry on a halfway intellegint conversation with me about the PC business and the fundamentals of Dell's business model. Therefore... you are blindly gambling. MEATHEAD