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

To: stockman_scott who wrote (114396)	4/6/1999 12:50:00 AM
From: Ian Davidson	Read Replies (1) \| Respond to of 176387

From Briefing.com Dell (DELL 44 1/16 +2 7/8) rallied nearly 7% on positive comments from CS First Boston which expects DELL to deliver upbeat report at 4/8 analyst meeting... In inflated marketplace, DELL looks relatively attractive trading at a 20% discount to 52-wk high. Ian

To: stockman_scott who wrote (114396)	4/6/1999 7:09:00 AM
From: Frank E W	Read Replies (1) \| Respond to of 176387

somthing worth reading from the AOL boards "it has now become aparent to me that now is the best time to buy Dell." Actually the best time to have bought DELL was a couple of weeks ago when it hit the intraday low of 35 3/8 at which time it became the clearest triple for the remaining of the year in the entire market. Now, with the talking heads admittig that the demise of the PC vendors was greatly exaggerated (by them), everybody seems to be falling in love with DELL...again. No matter that the signs of good health were clear enough when the management admitted at the conference call that they had slipped because they were not agressive enough in their bidding (for business) but that they not only had taken strong measures to correct that in the next quarter but they had already back log of orders to assure they were on the right track to have the usual excellent 1st quarter (to be reported final week of May). It did not matter much either the report (by the CFO, no less) that DELL was kicking butt in China with 70% growth in sales...and climbing (they are actually doubling numbers every month) and finally, the kicker: It didn't even matter much that DELL was expanding heavily its capability to manufacture (an IBM deal to build all the boxes for both companies coming our way?) with the development of not one, not two but THREE new plants in the USA, plus the one already operating in China and the one getting ready soon in Brazil. Even with these obvious signs, the time of the 30+% growth for DELL was over, or so the talking heads and assorted opportunists (or they still call them analysts) run to sing whwerever and whenever a CBNC or CNN cameras were willing to have them spill their absolute lack of rigorous reasearch work and general ignorance singing the "fashion song of EVERY MARCH" for the last 5 years. Incredibly enough (or maybe not so much so) the growing millions of "double clickers", some adolescents almost, some "Drugs" of one kind or another, followed these wise, poor and misguided individuals and dumped the best performing stock of the S&P 500 in the last 5 years (and beyond). They must have assumed that Mike Dell was building all these plants to erect temples to Elvis' memory and have paid caravans of adoring fans flying (first class of course) for free from the 5 corners of the world to visit. They must have that the iMacs were going to take over 99% of the soon to be inexistent PC market worlwide and they must have assumed that the Barton Biggs and Joe Granvilles of this pathetic sometimes but Foolish and full of opportunities world of investing that we are living in (mostly through a very good DELL PC), really had a clue about what makes the companies work, the products sell and the stocks rise. That, needless to say, is the pathetic side. The Map P.S. To Pablito (Gracias por el link) and to those 'over 50 by Friday" prognosticators, DELL will triple (from 35 and change) this year. For the above reasons and regardless what the stock trades at next Friday, next week and next month. It will because quarter after quarter, as it has done for 18 in a row, DELL will meet or beat (this time it is beat and by quite a few pennies) the estimates that are based in growth way above that of the rest. Look for it to be, if not the winner (AOL seems unstoppable) at least a very worthy contender for, again, the top stock of the S&P 500 also in 1999. No reasons, none whatsoever, for it not to be.