To: LENNY PADRON who wrote (127096 ) 5/19/1999 9:18:00 PM From: Boplicity Read Replies (2) | Respond to
Thread, I am going try to repeat what I said many months ago and add a little. It's very simple to understand, even me with a pea brain saw what was going to happen to DELL way back months ago. I took considerable flak for what I said then and I have repeated it few times and took flak again, but I stuck around because I cared, and I still do. DELL has given me the ability to increase my wealth many times over, but the days of old are done. 1) What happen yesterday with earnings being right on the money is due to the amount of information that is available concerning the PC industry. We get reports on the health of the PC industry, we know ahead of time who is doing what, when and how, because of this, DELL is a known story. Also, the last few years DELL was taking everyone by surprise with it's BTO model, this year everyone knows what DELL is up to. An investor should always buy the story hoping others do not know it yet. 2) DELL has to grow into it's PE before it will move higher as long as DELL operates the same as it does now. DELL is so pure, it would be hard for them to suddenly surprise us on earnings unless they come up with something new. The above is way I said DELL was going to be dead money. 3) Now it should be apparent to everyone what kind of investment owning DELL will be. I said this too many months ago. DELL is a long term investment now that will give you 10 15 20% once it grows into it's PE, 3 Qr. or so should do it as long as Mr. Market behaves. Even DELL see the above. They are trying to leverage to current model with Gigabuys, now with free PCs, which by the way I hate. Cheapens the idea of owning a PC and goes against what DELL has stood for in the past. 4) Some what new musing on my part. I told everyone that this year was going to be the year that the high-tech market was going to switch from a PC centric one to one that was centered on bandwidth, wireless and landline. This switch is even more apparent to me now.
