Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Venkie who wrote (69393)	10/5/1998 10:29:00 PM
From: larry	Respond to of 176387

Venkie, I am with you on DELL. Actually, in the high tech land, I only trust MD and Softie because these two companies have the best earning visibility and have fantastic earning growth both in the near term and in the mid term. I do like the fact that dell employees are working overtime...I mean, everything points to a big earning report coming in November. I think that it's still a good idea of sticking with the best companies. DELL & MSFT might go down for more, but they definitely will lead the market to fight back. I have talked with lots of DELL shorters. None of them can beat me in arguing that DELL has great fundamentals. Actually the fundamentals of DELL are so sound that the shorters only short the issue because of valuation. But look, DELL has more favarable PEG using forward earning estimate as compared with both MSFT and LU, by a good margin. Even with the bloodletting of CSCO today, DELL looks cheaper on paper. Even if we have to sink for a while, I believe that DELL's name will attract enough bargain hunters and momentum players. Actually I believe that LU and CSCO will redeem themselves with their respective earning report. Yet in the near future we have to play some games to lock in our gains in DELL: short term call and put trading, shorting against the box,etc. Like you, I have a core holding in DELL which I don't want to sell because of tax concern. But I will try my best to protect my gains. Right now I feel much much better than I did two weeks ago mainly because so many DELL bulls turn bearish on both the market and DELL stock. To have DELL bulls capitulate has to mark a near term bottom, or close to the bottom for the market, period. good luck, larry!