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


To: Chuzzlewit who wrote (46444)6/5/1998 7:32:00 PM
From: Joseph Francis Torti  Read Replies (1) | Respond to of 176387
 
YEP, I figure I've been wrong all this time and I mind as well go with the flow. (G) You know the saying (IF you can't beat'um then join them ) I still think I'm right the question is when. As long as computer prices are dropping Dell will not make $2.00 for the year ending 99 IMHO. Base on my experience with Micron. What is happening here is a mirror image of what happen to Micron. There was a whole bunch of bulls even myself and this one guy said it will see $16.00. Now this was when Micron was in the 80 or 90 dollars at one time and he came within four dollars of being right. If you don't believe me ask Kenny Sander's he was one of us who thought Micron would never come down. Granted Micron and Dell are two different company and I know that but if prices are dropping, yeah I know your saying component prices are dropping too it still not going to help the profit margins in the long run and income growth will be harder to sustain. Revenue growth means nothing if the income doesn't follow too.