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: Venkie who wrote (114769)	4/7/1999 3:06:00 PM
From: BBG	Respond to of 176387

Carmer going positive on PC's... It's about time.... New Positivity in PC Sales By James J. Cramer 4/7/99 7:36 AM ET A new, more positive consensus just formed about PC sales, and we are seeing the effects in the stocks these last few days. After a crummy February, March PC sales picked up pretty dramatically, courtesy of Intel's (INTC:Nasdaq) new Pentium III. This product ended the freeze in the market and allowed business to move forward. I have been loath to play this move with anything other than the highest-quality names. Yesterday, for example, with all of the hoopla about Sun Micro's (SUNW:Nasdaq) new Microsoft (MSFT:Nasdaq) killer and Dell's (DELL:Nasdaq) investment in Red Hat, another anti-Microsoft product, I took advantage of the weakness in Microsoft and bought more. (In this market, down 1 1/2 is weakness.) What the heck, the real winner in any spurt in computer sales is still Microsoft, with Intel a close second. Don't need to outthink this. Never do. How long can this spurt last? You've read the same stories I've read, about how the Pentium III just doesn't get people excited enough to migrate, so I can't be sure. But what is more important is the consensus itself and how it was just formed, by examining just-released March data. Some, including me, were getting worried that there wouldn't even be this spurt, that this introduction would do nothing to spur sales. That worry was wrong. And with so many of the PC stocks down big from their highs, it seems like a decent trade. Certainly not of Net proportions, but certainly nothing to sneeze at.