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


To: Eddie Kim who wrote (45079)5/27/1998 5:23:00 PM
From: SecularBull  Read Replies (1) | Respond to of 176387
 
Yes, but the devout DELL investors are not going to hold up the price if the overall market is not going to play along. I will say that the market is willing to pay a higher and higher multiple for DELL, which means that they are looking at the Company in a different light relative to the other stocks of the S&P. DELL devouts know this, and they play the dips as well, eventhough they know the stock to be worth more. What you know, and what the world will pay are two different things. But would you have ever though a year or two ago that DELL would be where it is today? That's the mistake. Pick it apart, but don't underestimate it.



To: Eddie Kim who wrote (45079)5/27/1998 5:25:00 PM
From: Paul Merriwether  Respond to of 176387
 
Eddie
So you are defining overbought as "overvalued" and oversold as
"undervalued". If so, I agree with you as far as Dell is concerned(since I doubled my short @86 1/4 at market close today).
I too, like Chuzzie never understood this overbought/sold concept
and am willing to go along with your definition.
best
-P