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


To: jim kelley who wrote (58253)8/14/1998 12:15:00 PM
From: William C. Spaulding  Read Replies (1) | Respond to of 176387
 
Dell will probably trade sideways for the rest of the year because:
(1) Stock price has already increased far more than actual company growth.
(2) Foreign stock market troubles.
(3) So far, Dell's graph looks pretty much like last year's, including a small run-up before Aug earnings, though that doesn't seem be happening right now. Maybe this afternoon or Monday.

Sometimes Dell does go up strongly in the latter half of the year, but I think there is too much pessimism in the market to push it much higher for the rest of the year. IMHO