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


To: Lucretius who wrote (460)4/17/1998 12:59:00 PM
From: Jinfu Chen  Read Replies (1) | Respond to of 2578
 
For the true bear, what is your prediction of DELL's earning for this quarter to be announced on April 19? First Call has it at $0.42. With everyone in the PC business having lower than expected results so far, including the mother of PC Intel, I'm betting Dell is no exception but I'd like to hear from other bear fellow your prediction of earning.

I'm betting somewhere around $0.35 and stock trading down to the $50 range.



To: Lucretius who wrote (460)4/18/1998 9:02:00 AM
From: Ally  Respond to of 2578
 
>>Ya covered???? I think that was a mistake, but maybe I've been drinking. (ggg) Everything I see points DOWN.<<

Surprise you didn't I? <ggg> I had money management priorities... bought long into the Pfizer sex pill story (bought $97 this week and stock up over $8 in 2 days!.. talk about potency!!!) and holding 3000 Dell short is crimping margin for other holdings.

Agreed... I think stock has more downside potential than upside. Will be looking for possible new points of entry now that I have a clean start after Fridays options expiration.