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

To: Chuzzlewit who wrote (63031)	9/1/1998 5:19:00 PM
From: JRI	Read Replies (3) \| Respond to of 176387

Chuzz- Thank you for the compliment....Actually, you are right...<g> that post was basically what you, JLeon, and some others have frequently posted, just packaged differently....I think, though, it is very important to remind oneself of this metric, ad nauseum....it is one of the most powerful reasons, IMO, to remain long.... A little more number crunching- (Taken out of DJCart'book) DECLINE FROM HIGHS (RECENT ALL TIME HIGH- TODAY'S CLOSE) Nasdaq composite- (2028 (Intraday)-1575) -22.3% Nasdaq composite- (2018 (Close)-1575) -21.9% Gateway- (68.75-46.45) -32.44 Lucent- (108.5-77.25) -28.80 Compaq- (38?-29.94)* -21.20 Dell- (129.38-108.38) -16.23 Microsoft (119.62-101.25) -15.36 Cisco- (105.25-90) -14.49 * Don't know the EXACT high for CPQ in last few months...other number may be off a couple of hundreds...... The Internet highflyers (AOL, Amazon, Yahoo) are all better than 30% down from there highs...or thereabouts.... Point being, that despite yesterday's sensational headlines...Dell has fared better (during this decline) than all others (big-caps, technology)....If I may extrapolate from this table, I believe Dell has "closed the gap" on Microsoft and Cisco (as far as investment confidence in the "stability" of the company's prospects.....but Cisco and Microsoft are still considered the BIG TWO premier "tech" companies...I think, given Microsoft's slowing earnings, Dell will be alone with Cisco soon)... Not that the numbers listed above are all that important to you or me, Chuzz, but hopefully, this matrix should provide some confort to those on the thread who are concerned about Dell's short-term price movements.... Finally, we sure were right about Peoplesoft, eh? Thanks so much for your help (couldn't have done it without you)....I actually getting pretty good at this <g>

To: Chuzzlewit who wrote (63031)	9/1/1998 5:27:00 PM
From: jimleon	Respond to of 176387

Hey Chuzz, you didnt warn me dell would see 93 this week. I thought you knew stocks. Glad I slept in late this morning!

To: Chuzzlewit who wrote (63031)	9/1/1998 5:44:00 PM
From: Jim Patterson	Read Replies (4) \| Respond to of 176387

RE: Dell is a quality growth company that does not seem to be adversely impacted by the current economic turbulence. Chuzz, It will, Here is an example. As you know I am a broker, and I have broker friends, Some are better than other, but they are all nice people. One has a client who lost his whole account, 200K went to 20K since July 20. This is extreme, but I heard other stories, though not quite as dramatic. So you have a few well off people, The type that would buy a dell, and suddenly they have lost a considerable portion of their Money. Are they more or less likely to buy a DELL now ? I guess they should have bought DELL the stock, but they were not that smart. Jim Jim