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

To: Mohan Marette who wrote (63700)	9/4/1998 11:39:00 AM
From: The Phoenix	Read Replies (4) \| Respond to of 176387

CPQ trading off 10% from "the correction" as is Cisco. DELL still off over 15% and still trading at 64 times trailing earnings. Continues to look pricey at these levels and it's my belief folks are begining to notice. Not only do I believe that 150 will be difficult I also think this stock needs another 20% haricut. If DELL misses earning by even a penny this pup is gonna crash. In fact, I think this pup slides even if they hit estimates...they have to continue to beat. A huge challenge! OG

To: Mohan Marette who wrote (63700)	9/4/1998 11:41:00 AM
From: Chuzzlewit	Read Replies (8) \| Respond to of 176387

Mohan, OT Give TLAB a long look. I really don't understand why this company is getting whacked. Here's some simple arithmetic which you might find intriguing (or maybe boring!). The company had an all time high a couple of months ago of around $93. The Naz is down around 25%, so lets say that if the company got hit like the average NAZ share it would trade at about $70. It announced plans to merge with Ciena, and after some negative news from cien it renegotiated the exchange rate at 0.8 TLAB for each Cien. Now here's the interesting part: If you assume that cien is worthless, then you could conceptually view the situation as split. TLAB currently has around 180 MM shares o/s, and after the merger there will be around 260MM shares o/s. So, if CIEN were totally worthless TLAB should be trading at around $48.29. TLAB is currently trading at around 42, and cien is far from worthless. Boy do I wish I had some cash now! TTFN, CTC