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

To: kemble s. matter who wrote (48173)	6/20/1998 11:13:00 AM
From: Bandit19	Read Replies (1) \| Respond to of 176387

Kemble, Hi! Just Found this on the HD thread: Top Mutual Funds Keep Buying Up Dell Longtime Leaders Show Accumulation As They Build Bases Date: 6/19/97 Author: Leo Fasciocco Isn't a stock that's up 9500% in the past five years past its prime? Many individual investors would heartily agree as they go searching for the next big thing. But the best mutual fund managers in the business disagree. They know that as long as a company churns out stellar profits, its stock can surge ever higher. Dell Computer Corp. is a case in point. The most efficient PC maker on the planet traded as low as 7/8 in '93, adjusted for splits. It;s now near 84 1/2, a cool 95-fold gain. And what have the best funds done recently? Fifty-one of them bought another $1.4 billion of Dell's stock. It showed the heaviest accumulation by top-rated funds among the 150 leading issues tracked by IBD. Dell boasts a 99 Earnings Per Share rank, which puts it in the top 1% of public companies based on profit growth. Its stock has a Relative Strength, meaning it's outperformed 97% of all other issues in the past year. After soaring from 42 at the start of the year to a peak of 98 1/2 on May 13, Dell slipped into a well-deserved consolidation. The base is now five weeks old. Dell is still holding above its rising 50-day moving average line. That's very bullish. Dell continues to expand its business aggressively. This month it launched a global advertising campaign. Currently, the bulk of its sales are in the U.S. For the fiscal year ending Jan. 31, analysts forecast a 60% jump in net. Dell has topped Street estimates the past five quarters. Somewhere I've hear someone say that "Buying Dell was the easiest thing to do"......it sounds like maybe maybe we should... BUY MORE DELL!!!! Best, Steve