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To: Dennis who wrote (80430)11/15/1998 12:28:00 PM
From: BGR  Respond to of 176387
 
Dennis,

My understanding of CTC's point was that if one is to assume that the S&P500 is fairly valued, then by the same yardstick DELL is undervalued. It was not a performance argument. Though, if DELL were to become fully valued wrt the S&P500, that translates to some really nice performance.

-Apratim.