Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: michael ehrenberg who wrote (31508)	2/28/1998 9:02:00 PM
From: yard_man	Respond to of 176387

Prudent ones have already sold. You won't convince anybody over here. Just kidding.

To: michael ehrenberg who wrote (31508)	2/28/1998 9:23:00 PM
From: Chuzzlewit	Read Replies (3) \| Respond to of 176387

Michael and other bears, here's a trick question: It sounds to me as if some of you are saying this company is overbought, so how do you know a stock is "overbought"? For every buyer there is a seller, so the number of buyers equals the number of sellers. So if a stock is "overbought" then it is also "oversold". Are you suggesting that the volume is too high, or is this simply a fancy way of saying that the price is too high? If, in reality, you are simply suggesting that the price is too high, then what is the proper price, and how did you arrive at it? Now, perhaps I've got this wrong. Maybe what you are suggesting is that the price of the stock went up too quickly. If so, what is the proper rate of increase in a stock price, and how do you calculate this? To my warped way of thinking, this constitutes a dilemma. T/A afficianados contend that past price behavior is predictive of the future, and stock prices behave like masses subject to Newtonian physics. Now the value guys contend that prices can diverge substantially from underlying "value", but that the time it takes to return a stock to proper valuation levels in indeterminate. So, it seems to me that the idea of "overbought" is inconsistent with either of those market views, and certainly has no place in MPT, so from whence comes this idea, and how do you justify it? Regards, Paul

To: michael ehrenberg who wrote (31508)	2/28/1998 9:57:00 PM
From: BUYandHOLD	Respond to of 176387

Michael Curiousity overcame me and I decided to check the PEs out. I used a total of 67 Hardware Manufactures from Market Guide (Code: CMPTRS. 30 were omitted(PEs were "NM") and thus 37 were used. The industry average as it turns out was 35.1 as of Feb 20th. Intrestingly, "heavyweights" like SGI and GTW made DELL look pretty tame. Good investing. Charles. Price P/E % Change Excluding Current Industry TICKER NAME 52 Weeks Xord Items Price Description NWRE Neoware Systems, Inc. -70.31 237.5 2.375 Computer Hardware TBTI Telebyte Technology NA 152.8 2.75 Computer Hardware SGI Silicon Graphics, Inc. -42.89 101.2 14.063 Computer Hardware NCDI Network Computing Devices -28.26 71.1 10.313 Computer Hardware GTW Gateway 2000, Inc. 39.72 62.1 43.313 Computer Hardware DELL Dell Computer Corporation 248.45 48.1 126.313 Computer Hardware MXWL Maxwell Technologies Inc. 62.5 40.5 27.625 Computer Hardware DEC Digital Equipment Corp. 76.75 38.1 59.875 Computer Hardware DNCC Dunn Computer Corporation NA 37.1 8.688 Computer Hardware FEP Franklin Electronic Pbls. -6.93 36.5 11.75 Computer Hardware PCCG PCC Group, Inc. -20.36 35.8 2.688 Computer Hardware CPQ Compaq Computer Corp. 106.13 28.0 34.063 Computer Hardware TECD Tech Data Corporation 103.18 26.8 48 Computer Hardware IM Ingram Micro, Inc. 48.95 26.7 35.375 Computer Hardware SUNW Sun Microsystems, Inc. 37.55 24.9 46.25 Computer Hardware HWP Hewlett-Packard Company 16.22 22.1 64.938 Computer Hardware SQNT Sequent Computer Systems 4.91 22.0 20 Computer Hardware SVTG Savoir Technology Group 2.22 21.9 11.5 Computer Hardware ETRC Equitrac Corporation 63.1 21.3 17.125 Computer Hardware MUEI Micron Electronics, Inc. -32.3 20.4 13.625 Computer Hardware DGN Data General Corporation -7.59 16.9 18.25 Computer Hardware IBM IBM 45.31 16.7 102.625 Computer Hardware SRA Stratus Computer, Inc. 53.49 16.5 49.5 Computer Hardware MRCY Mercury Computer Systems NA 16.1 10.5 Computer Hardware VTCH Vitech America, Inc. 14.91 14.5 16.375 Computer Hardware PMRY Pomeroy Computer Resource 15.71 14.2 20.25 Computer Hardware CAII Capital Associates -8.91 14.0 3.188 Computer Hardware MICA MicroAge, Inc. -5.99 13.7 12.75 Computer Hardware SECX SED Intn'l Holdings, Inc. 41.22 13.3 13.063 Computer Hardware ATEC ATEC Group, Inc. 17.25 13.1 4.031 Computer Hardware ICO Inacom Corp. 13.27 13.0 29.875 Computer Hardware CCUR Concurrent Computer Corp. -4.24 12.7 2.125 Computer Hardware PERLF Perle Systems, Ltd. -44.2 12.4 1.5 Computer Hardware HERZ Hertz Technology Group -78.72 11.0 1.25 Computer Hardware ENPT En Pointe Technologies -12.37 10.8 10.625 Computer Hardware TRNT TransNet Corporation NA 8.7 2 Computer Hardware DPT Datapoint Corporation 181.3 8.0 2.813 Computer Hardware Total 1300.2 Average 35.1

To: michael ehrenberg who wrote (31508)	2/28/1998 10:05:00 PM
From: LWolf	Respond to of 176387

michael, it my observation that stocks typically reach the performance measure set by the analysts' recommendations, then drop! So if a word of caution might be sent; it is to watch the consensus from the analyst and the houses. Once that is reached; take your money off the table.... because that is what they will do. The trend is our friend, remember! The analysts can be our friend too, if we work with them! For long timer's is doesn't matter what this stock does in the short term.... long term DELL has been and will continue to be very successful. For those coming into the stock recently, possibly beware of short term gyrations. Bottom line; everyone has to understand his entry and exit point, and his investment horizons. Regards, Laura