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


To: Frank Ellis Morris who wrote (47713)6/15/1998 6:08:00 PM
From: chuckie  Respond to of 176387
 
Down boy, down boy. Hey, Dell has a PE of 57 here. Kind of steep no?
On the other hand they did have great notebook growth. But then Asia is going to screw everyone and everything that isn't nailed down. That added to the coming banking crisis (read WORLD BANKING DISASTER) in Japan once all those traders and real estate freaks realize their paper losses (that will happen in the next 6-12 months)and maybe I would hold off on more Dell purchases. For all those people who have their life savings in Dell, start buying Corn Flakes for the next few weeks. This baby is in for a rough ride.

I like Dell, in fact, this stock is going to be higher in a year, maybe even higher than $100 a share. But don't kid yourselves, this market is going to do a job on these techs short term. Intel at 65, try 60 in a week. To those black helicopter conspiracy freaks on this thread (you know the line, "the market makers are manipulating the stock", "kurlak is the anti-christ"), relax this is a stock, just like any other stock, it goes up and it goes down, right now its going down, way down so take a chill pill and enjoy the freakin' ride.

Dell will be lower in a week, maybe a lot lower. There will be a suckers rally just before the final shakeout and the rah, rah crowd on this thread will start seizing with joy but its not over. It will eventually peter out and reverse, but not for a while yet. Asia is going to RULE this market.

GO DELL!!! (in a little while that is)

There, I spoke my peace, a little reality check.

Chuckie
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