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

To: freeus who wrote (70789)	10/8/1998 8:51:00 PM
From: Sonki	Read Replies (1) \| Respond to of 176387

freeus, if dell goes below 40 tomorrow ( i m not saying it will) but if it does many TA belivers will drop this stock. i m telling u this cuz they will do that to u just to make u drop ur stock. last year dell dropped from 100 to 60 something (last oct). so this time if u take 40% off from 69 it brings u to 41.40. but todays low was only 41.75. see how anxious people are to getinto the stock? also today's pe was 50. .83*50 = 41.5 remember this pe for next oct. buy all u can today and next time we will buy next oct. therea are many sites that have charts of PE for a stock and a stock will trade it's pe range for a long time till something changes. i.e. dell used to trade between 35 to 50 pe last year. now u see the bottom is 50. (if this is the bottom). there are many reasons for this change inflation, company fundamental changes.. etc.