Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SirVinny who wrote (98716)	2/13/1999 11:54:00 AM
From: Hector	Read Replies (1) \| Respond to of 176387

- Sir Vinny, re: The analyst started this sell-off. Interesting how an analyst who's been so wrong so many times gets the blame for this sell-off. Kinda makes you think twice about the implications.

To: SirVinny who wrote (98716)	2/13/1999 12:18:00 PM
From: Mad2	Respond to of 176387

Vince, you wrote >BTW, in response to your question the answer is YES. The analyst started this sell-off. If his evaluation was way off the mark then he should be held accoubtable!!!< I just finished reading a ML research report from late 98, when they put a price target on DELL of $80 for 1999. I think DELL is a great company, however to understand what's happening you need to look at the evaluation used by the analysts with the view that stocks will trade above price targets(particularly at the end of a good run) and below (overaction to negative news). If you think DELL will continue to suprise itself and analysts then sleep comfortable with the thought that it still trades 10 bucks above what others feel are reasonable targets. Frankly I see the institutionals being net sellers above 80 and buyers below 80. This 10 point decline isn't due to a analyst, it due to DELL being overbought IMO