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

To: Chuzzlewit who wrote (1633)	8/23/1998 6:16:00 PM
From: Lucretius	Read Replies (2) \| Respond to of 2578

what can I say: I was early. It is quite difficult to predict when a mania will end.. and believe me DELL stock performance is a mania. As the US and European economies slow to a grinding halt (not to mention yr 2000 spending taking huge shares of corporate IT spending), DELL and every other PC maker will suffer the consequences. W/ a multiple on sales similar to most other PC makers' multiples on earnings, DELL will take the biggest tumble. This stock will be the greatest bomb of all time, and I want to be there when she implodes. I feel VERY confident in saying it has already started the final voyage to the bottom of the sea. There too many like yourself w/ greedy blinders on that think Mike and his funky accounting machine are invincible to anything short of an asteroid impacting the Earth. Let me be the first to let you in on a secret.... DELL is not above the laws of economics. Competition and the worst recession we have seen in years are going to drop this stock back to reality (even as greedy DELL shareholders scream fowl and that the fundamentals haven't changed.... all the way down)--- You still own drillers don't you? Think about those bullet proof babies the next time this POS starts dropping and you can't figure out why. DELL will see 20 or less by January(post-split) (much less by mid next yr.... try single digits) Write it down. -Lucretius