SI
SI
discoversearch

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: OLDTRADER who wrote (109485)3/14/1999 8:23:00 PM
From: Lockeon  Read Replies (2) | Respond to of 176387
 
Good Evening WBM....

As you know S. Cowen downgraded Dell this past week from Strong Buy to Buy. Well here's a gem I picked up about S Cowen from last year - March 6, 1998 - nice to know that they are consistent.....LOL..

Courtesy MMGUY2 - Yahoo Dell Thread...
__________________________________________________

"In the March 6th WSJ they talk with Mr. Chu in the Heard It On the STreet column, "(Mr. Chu's)
solution? Yesterday he downgraded highflying Dell to a buy from a strong buy. But he retained his strong buy
on Compaq Computer. his reasoning? Based on it's strong earnings news, Dell was up a staggering 65% for
this year thru Wednesday. Compaq, which has warned that it is facing margin pressure, has lost 1% so far
this year. CPQ simply looks less richly valued." "Dell was trading near it's high, the perception is, Wait a
minute on Dell, let's take a fresh look", He says. "Short-term, risk-reward is a little more negative here" And
there you have it, dowside small on CPQ ( yesterday Dell had a larger point loss and percentage loss than
CPQ...on CPQ's bad news!), and much to look forward too with it's recent aquisition of DEC. Potentially
large downside for Dell, they are ripe for a correction and It is just not possible for them to feel no pricing
pressure.
" - Issued March 6, 1998!!!!!
____________________________________________

Still missing the point as usual I guess........<BG>

Highest Regards....

Have a GREAT evening and a better week....