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

To: B.J. Lee who wrote (82670)	11/28/1998 9:27:00 PM
From: TCBinAugusta	Read Replies (2) \| Respond to of 176387

B.J., Dell's market cap won't double if the company continues to take cash from its profits and repurchase stock. Hmmmmmmm..... Also, is $160B reasonable for a software company? Check out Microsoft. TCB

To: B.J. Lee who wrote (82670)	11/29/1998 6:26:00 PM
From: SecularBull	Read Replies (1) \| Respond to of 176387

B.J., you bring up an excellent point. To answer your question, I think you have to ask yourself that about a great number of stocks out there. Can a PC maker be worth $160B relative to all of the other great stocks in the universe? IMHO, I think the stock is a bit ahead of itself, but continues to have great upside. My recommendation to someone with a huge portion of their portfolio in DELL, would be to sell some (and invest the proceeds elsewhere) and hold the rest. I'm not a buyer at these levels. BTW, don't forget that the buy back program reduces the number of outstanding shares, making the remaining shares more valuable (even without earnings as a consideration).