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

To: Venkie who wrote (70016)10/7/1998 6:16:00 PM
From: Jimbo Cobb  Read Replies (2) | Respond to of 176387
 
It's still EARLY in the DROP !!!!!!!!!!!!!!!!!!!!!!

Who knows ??

I'm sure I don't...but DELL is a very inflated stock that has dropped a very, very, very SMALL AMOUNT relative to the run-up it's had.

And NO it's not the same as last year...the overall global economy and the US stock markets are very different this time...that changes the P/E multiples that companies get valued at, and DELL is no exception to the rule !!!!



To: Venkie who wrote (70016)10/7/1998 6:18:00 PM
From: Dell-icious  Respond to of 176387
 
DELL has now gone down 6 of the last 7 trading sessions and is off about 25% on a closing basis from its high. This pattern has happened frequently whenever we reached new highs (eg May, July, August, and again now). I think we are due for a small pullback, followed by trading within a range (probably around 52.5-57.5, is my guess). I would be happy if we stayed around there for a few days, before moving up again in November.
Dell-icious


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