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


To: Tumbleweed who wrote (67971)9/28/1998 12:17:00 PM
From: Doug Hunter  Respond to of 176387
 
O/T.. sort of
Any thoughts on there being more than a 1/4 point drop in
interest rates tomorrow



To: Tumbleweed who wrote (67971)9/28/1998 12:18:00 PM
From: Diamond Jim  Read Replies (1) | Respond to of 176387
 
RE:"Thats a good strategy if you can always get it right. Otherwise, you will eventually be caught out and end up buying it back more expensively."
+++++++++
You got that right, I should have it at a split adjusted price of 21 but I sold with the same thought in my head as now. Tough to hold at this PE though.

Thanks for your thoughts,

jim



To: Tumbleweed who wrote (67971)9/28/1998 1:37:00 PM
From: Peter Greenhill  Read Replies (1) | Respond to of 176387
 
I bought Dell at 64 15/16 on Thursday and am already up nearly 5% offer to offer. I know it won't be like this all the time but it is an encouraging start. As to the stock having too high a P/E this could be true but people have been saying that about Microsoft for years but it keeps going up. I bought MSFT in March 1997 and many people were saying that it was far to expensive and yet it doubled in value in little over a year.Companies that are well run, delivering excellent profit growth year after year will always go on up long term despite occasional blips.

Cheers

Pete Greenhill