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

To: Lee who wrote (51945)	7/17/1998 4:24:00 PM
From: Jim Patterson	Read Replies (2) \| Respond to of 176387

Lee, Why must you compare everything? You are correct DELL's performance is very good, YHOO's is a lot better. That does not mean anything going forward for either company, or what either companies stock will do. A 50% correction from here for both, and an owner of either will loose 50% of their money. I am not trying to belittle DELL. I am stating that DELL will perform like many stocks that have come before, and like many yet to come. Here is one for you, The limited, 1979 to 1983, 25 cents to $10. then from $10 to 5 1/2, Earnings never faltered. I.C.H. Corp about 5/8 to 32, back to 4 1/2 1979 to 1989 peak 1986 HD, 0 to 13 to 5 1981, 1983 peak, 1985 trough. CLX, 1969 $10 to 50 1972 then 7 in 1974. in 1986, CLX made a new all time high. it only took 14 years. My point is that the correction will happen. as it happens to all stocks. some of the companies go on, some don't. I expect that DELL will survive, but it may be a long time after the correction before the stock reaches new highs. You may think that the time references are from a different investment era, But to think that it is different this time, is a bog risk to take. After all, we know that at all major market tops in the past, most thought it was different that time. Jim