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

To: Frank Ellis Morris who wrote (69669)	10/6/1998 5:36:00 PM
From: jhg_in_kc	Read Replies (2) \| Respond to of 176387

Re: Dell lows after earnings/splits. Frank and all, what do you think?--here are the facts. After the MaY 19 earnings announcement, no split, missed whisper by 1 cent, Dell declined 22% from 98.5 to 77.25. This past Aug 18 announcement, beat whisper, split 2 for 1, it attained a high of 130, so we have 65 post split, if it declines 25% from that high we have 48.75 before the next climb begins looking toward Nov. 17 earnings--if we are not on the verge of a depression. With Dell at 55 and some added fears in the market --it's October--let us assume a 35% drop so you could see Dell as low as 42. Every $10,000 you have in Dell declines to $6500 before it begins a climb in my opinion toward $100 by Nov 17. I assume there will be no negative news from Mike Dell. I wasn't watching the stock closely enough in Feb this year when it first split. I believe it was as high as 140, came 2 for 1 at about 63.50 and held rather steady in the 60s before going to its May high. Not too unusual to see Dell down 25% from its earnings announcement highs before recovering. I don't think we will see Dell in the 30s but the 40s are possible, in my opinion. I hope we don't see them though. jhg