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

To: Frank Ellis Morris who wrote (65866)	9/17/1998 8:27:00 AM
From: MichaelW	Respond to of 176387

Freeus, Dell maybe on sale today. MW

To: Frank Ellis Morris who wrote (65866)	9/17/1998 10:25:00 AM
From: larry	Respond to of 176387

Frank, Thanks for the information. I disagree with someone else's claim that whenever DELL dips, DELL is on sale. Currently, DELL is spotting a very hefty PE, which, IMHO, can't sustain if the whole market retreats again. A real possibility here is that Mr. DELL will go down to 45-50 range sometine in October. DELL is having strong support at 55, and then at about 49 1/4, 46. I actually believe that there will be one day in Oct. that the DOW dips more than 600 points and we have a temporarily penetration of DOW below 7k. We will have to see. But I do agree that DELL will be among the first to rebound. However, the days that DELL grows 100%+ yearly is over. I think that it's possible that this issue appreciates a 25-35% yearly return within the next 5 years. larry!