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


To: Ming who wrote (1248)7/21/1998 5:45:00 PM
From: M CAHILL  Respond to of 2578
 
I agree Dell is overvalued. I don't think it will ever go to 50 unless it splits again. People are buying Dell based on past performance. It trading almost like an internet stock. I fact most of the stocks in the nasdaq 100 seem overvalued to me Maybe people are buying these stocks because they know the name of the company. It's like a game show almost.

Some analyst on TV said his best stock lately was Dell. He thought it was overvalued but bought DELL anyway because he wanted to join the Congo Line.