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To: Stockman_77079 who wrote (22384)9/29/1998 7:02:00 PM
From: matt fahy  Respond to of 45548
 
>>remember also with stocks like Dell, there are very high expectations of earning growth as in their p/e. One hick up will result in mass exodus from that stock.<<

I don't disagree, but my point is ... tell me the last time DELL missed earnings? Doesn't mean they won't in the future, just means put it into your statistical avg. and price out the stock. Also, if industry leaders fall, the rest of the players in the same industry usually fall as much if not more (i.e. Intel/semiconductors).

Matt