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

To: jim kelley who wrote (55094)	7/29/1998 6:37:00 PM
From: Jim Patterson	Read Replies (1) \| Respond to of 176387

RE: In a bear market, DELL should trade at 5 times sales. Jim, I think you should take a look at a chart of longterm book values for the market. At the bottom of 1074, Price to sales was like .5 for the S&P. Yes that means some were higher, but some were a lot lower too. I think 5 times is a bit agressive. You have to remember, in a bear market, no one is optimistic about anything. And a hardware company ain't much to get excited about. jim