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

To: PAL who wrote (62661)	8/31/1998 8:25:00 PM
From: stock bull	Read Replies (4) \| Respond to of 176387

PAL, re:<< Bought more Dell today at 105. Then the market tanked heading to the close. Dell is quite a bargain at 105.>> Not so sure I would want to commit more funds to the market at this time. We are now seeing the high p/e stocks correcting. IMO, Dell has a way to go before the selling pressure is removed. I think Dell's price is headed towards the range of 73 - 84 dollars per share. I'm using forward earnings of 2.10/share. This may be at the high end of the analyst's estimates. I need to check First Call to get the latest date. The p/e ratio I used was 35 and 40. JMO Stock Bull