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

To: Paul van Wijk who wrote (27878)	1/18/1998 5:00:00 PM
From: Gold Beach	Read Replies (4) \| Respond to of 176388

Paul: This article might help Hank. I went over to the library today, 1/18, and happened to read the Feb. 1998 issue of WORTH. On page 28 a Steven Romick of First Pacific Advisors included Dell Computer on his list of "Stocks To Avoid". He placed a fair market value on it of $62/share. His reasons for the price and avoidance are: 1. Priced at 36 times earnings way too high for what's becoming a commodity business. 2. Looming slowdown in PC sales. 3. Increasing price competition. The article goes on to say that last year Mr Romick predicted problems with Boston Chicken and Olympic Financial. My thoughts regarding this article are: 1. I don't know how long this issue has been out. Perhaps it has been out long enough for the market to see and digest it and has chosen to ignore it. But it is a February issue. 2. Even if it is somewhat inaccurate, it will influence some people to stay away from Dell or at least to not sleep very well. 3. Hank may have to adjust his number from 60 to 62. Comments from anyone? Don