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

To: Jean M. Gauthier who wrote (121902)	5/3/1999 2:36:00 PM
From: GP Kavanaugh	Read Replies (3) \| Respond to of 176387

Actually, it is quarters like this that prove to me that our market is not as efficient as some studies would indicate. Things like the fact that CNBC can get away with reporting a 1 day rotation into cyclicals. Things like DELL's current price, and the fact that some analysts are actually starting to believe what they are saying about internet stocks. I think it really boils down to analysts not being able to cope with their inability to beat the Market. In fairness to them they often have a lot of risk restrictions that individual traders don't have, but I also think it may in part be due to the fact that many of them are simply not good. Luckily today's current inefficient market climate makes stocks like DELL reasonably cheap. Eventually everybody will come back to a company which is sustaining 38% growth, and eating up it's competitors. Everybody that accumulates now will be richly rewarded IMHO. Does that help cheer you up. GP

To: Jean M. Gauthier who wrote (121902)	5/3/1999 3:21:00 PM
From: Alohal	Read Replies (1) \| Respond to of 176387

Jean, in your profile you describe yourself as a buy and hold investor. If you are, why are you worried about "the last two quarters". Dell is a terrific stock, with the best management team in the world, executing their plan near flawlessly and growing at multiples of the industry's average growth rate. The stock is up more than 30% in the last 6 months and there is ample room for Dell to continue to grow, even if, (and I personally don't believe it), there were a "slowdown" in PC sales this year. On the other hand if you bought this stock at or near it's parabolic high in February, I can see how you would be anxious. My only advice in this case is to sit back, relax and think of Dell as a long-term core investment. If Your anxiety is too great, (ie. you can't sleep at night worrying over Dell's daily price fluctuations) then you should probably bail out (I would wait a bit for the run-up to earnings to do this) and get into something less anxiety provoking. The greatest encouragement I could give you would be to continue to search out and read everything you can about Dell, the broadband revolution, and the networked society (0h and of course MD's book "Direct From Dell"). Good luck and aloha.