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


To: Mohan Marette who wrote (76158)11/2/1998 11:21:00 AM
From: stockman_scott  Read Replies (3) | Respond to of 176387
 
Mohan: I'm between meetings. Things are looking good for our favorite stock. I just picked up a few more shares on margin. I couldn't resist!! In a couple of months the mid 60s will look like bargain-basement prices for DELL shares.

Boy, I stopped over at the yahoo DELL board and some of those folks are optimistic. This guy from Austin has a $100 target for FEB. (I was thinking March might be a little more reasonable <ggg>).
Here is the prediction:

<<DELL will be 100 by FEB.

poprock1
(32/M/Austin, TX)
Nov 2 1998 11:09AM

The last time DELL traded this close to its 200day moving average (Dec. '97) the market
was coming out of a major correction caused by uncertainty in the Asian economies. DELL
doubled from Dec 20 to May 1st. I see a similar scenario building here -- the market is
coming out of a major correction, earnings are not as bad as first presumed, DELL seems
to be relatively unscathed by overseas conditions and is expected to keep on rockin'.

Prediction: $100 on earnings day in Feb. Another split announced same day. Those
JAN200080 LEAPS are looking pretty nice!>>
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It sure would be great if this optimistic scenario is right on target.

Lets enjoy the ride.

DELL is the next DELL.

-Scott