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


To: Venkie who wrote (47426)6/12/1998 11:54:00 PM
From: chuckie  Read Replies (3) | Respond to of 176387
 
Let me see, Dell gains, 10 points. PE 60. Then what? PE 80-90?
Is this realistic? This thread sometimes says some foolish stuff.
Should Dell trade at 100, 110? 120? Is that realistic.

This is a box maker guys.

Get real.

Chuckie




To: Venkie who wrote (47426)6/13/1998 6:26:00 PM
From: Craig Lieberman  Respond to of 176387
 
Venkie,
Don't fret about missing DELL at 78 or $79.
I don't know about you, but I make a decision every day. That is, if I had another $1000, would I buy more DELL. If the answer isn't yes, then why would I keep what I have invested in the stock. If you think its going down, wouldn't you sell what you have. I know this is a over simplification due to the tax consequences of selling. But, fundamentally, you have got to believe that the stock is going up big in the long term. Therefore, you shouldn't be afraid, or nickle and dime it for that few extra bucks had by catching the absolute near term shallow bottom. If you wanted the stock at $78, buy the darn thing at 82. When its 92, you will have missed it even more. If you don't want it at 82 because it is overpriced... shouldn't you consider selling some?
I am the furthest thing from a BEAR on DELL. I just keep buying shares when I have money to do so. Done OK for the last 3+ years.

Craig