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

To: larry who wrote (1637)	8/23/1998 10:57:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 2578

DOW at double digits and MSFT at single digits... WOW now that's a prediction (not mine or very rational for that matter, but a prediction) MSFT is a monopoly, until that is broken, MSFT will no doubt always do well. As for the DOW, very high triple digits are "possible" w/in a couple years. DELL at single digits = Fair value. (approx 10x earnings assuming that they aren't running losses as the PC business slows and competition increases or low and behold someone finally developes a biological chip that makes PC's as we know it obsolete) Would you pay 80x-90x earnings for the low cost abacus maker? Knowing your obviously limited view of the world and history, all of this will no doubt sound ridiculous. So just laugh it off, and buy more DELL. Nothing but blue-skies...... Thanks for the kind words. -Lucretius