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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (203)	3/17/1998 4:14:00 PM
From: Tradegod	Read Replies (1) \| Respond to of 2578

Not sure, depends on comments. I'm surprised that more analysts haven't expressed concern. I believe about 3 have downgraded Dell, yet it is still a favorite of the street. I'm reminded of Micron in 1995, when it made everyone rich selling a commodity, and the market price of their product began falling. This will not happen to the same degree in pc prices, yet the PE of Dell still remains very optimistic. We're almost back to the price that everyone who bought the stock after their last earnings announcement when it made it's big move, has lost money. We might see the low of the week tomorrow, unless somebody downgrades. Do you think we can break 60 this week?