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

To: SecularBull who wrote (37787)	4/14/1998 4:53:00 PM
From: Jim Patterson	Read Replies (1) \| Respond to of 176387

re: Jim P., you speak as if you, yourself, cite company fundamentals as a basis for your decisions. You obviously do not have any relevant DELL fundamentals in mind when you come up with your predictions of doom for DELL. You should take a look at the latest comments from Solly Smith Brny. The guy has a neutrial with a $65 price target so I would not expect him to cheer the way some Analysts do. But, at the meeting last week, He says DELL confirmed its intentions to offer low-priced Celeron and mendocino-based desktops this year. His other comment deals with this Brand-building initiatives which will allow DELL to price on par with compititors. He is concerned that this may hamper DELLs abality to grow. This is him, not me saying this. I am just passing it on. Besides INTC has a conference call, All tech stocks should be up 5-10% on that alone. What is said should not matter as the focus of the market will be, as it has been for some time now, The anticipated recovery in 2H 1998 and the orgy of earnings growth in 1999-2000. And thoes 2000 earnings can be discounted back to PV @ 3% because there is no inflation and never will be(even thought Fed govenors are hinting that a rate hike may be coming soon) so trading @ 40 X Eps 2 years out is no problem. Last, the Dollar falling can only imply that overseas revenue will reaccelerate helping all companies that do business outside the US. hey look at that, DELL @ 69 3/4 in Post trading. That ought to make y'all happy. Looks like nothin can stop you now. Jim