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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?


To: lin luo who wrote (1234)7/21/1998 11:50:00 AM
From: Ming  Read Replies (1) | Respond to of 2578
 
There isn't a lot to learn here.
All that there is to realize is that it's impossible predicting short-term prices. And to make you happy, there has even been doctorate-level mathematical studies done on the subject to prove this point. I made a reasonable guess. I'm still not wrong, as Dell is far from 130. My mistake was even trying to predict the absolute top in the first place.

Bottom line remains that the stock is horrifically overvalued from a long-term perspective, and that regardless whether it will go to 125 or 135 in the coming weeks, it will end up at 50 or less a couple of years down the road.