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

To: Lucretius who wrote (43009)	5/19/1998 3:02:00 AM
From: Eric Ridley	Read Replies (1) \| Respond to of 176387

Oh, Lucretius... This (extremely cogent and calm note) was posted to you on the Dell Bear thread. I believe everyone over here on the long side might be interested in your (equally calm, reasoned and without name-calling) response. To: +Lucretius Taurus (701 ) From: +john rosser Tuesday, May 19 1998 12:15AM ET Reply # of 708 LT- I am stunned by your long-term target price of $20 (within one year)....Are you aware that this would be an unprecedented drop for any Fortune200 stock since the Great Depression? (Within one year, that is...). Added to that, you are predicted this for a stock that has produced record quarters 17 out of 18, and in an industry in which overall growth in expected (worse case scenario) 10-12 % this year. Dell would not even have to introduce any new products in the next year, and could probably ride Pentium 2 products alone to a decent year.... IMO- This is a pretty unsustainable position, and you would be well-suited to rest on a more moderate bear argument. I hope you will not be investing (during the next year) looking for $20.... The only way I could see $20 is nuclear war or a concerted sabotage campaign against Dell......even world recession would take longer to develop given current conditions. (and the subsequent drop in stock prices) No insults, just thoughts (from me, and, I trust, you)..........if you are serious about the $20, can you give some targets for the rest of us to be on the look out for and/or your view of the overall scenario as to how Dell's stock price is going to drop (stock market crash? Asian flu? Euro collapse?) Trust me, if Dell hits your targets, I'll be the first to give you credit....