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

To: Ian@SI who wrote (127840)	5/22/1999 12:59:00 PM
From: Boplicity	Read Replies (1) \| Respond to of 176387

re: How about a conspiracy theory to explain the analyst's behaviour toward Dell lately. Maybe I'm naive but I have hard time believing in so called conspiracy theories. Greg

To: Ian@SI who wrote (127840)	5/22/1999 1:42:00 PM
From: eddie foree	Respond to of 176387

your conspiracy theory has validity in this way: 1. no it is not formally put together secretly in a dark room.. it is a general areement among some in the business that envy and dislike dell for many reasons...stock of the decade..dell himself, etc 2. it is obvious that many porfolio managers analysts, etc have exactly the same philosophy which is in vogue at any given time... sector rotation..small stock rebound..bad pc business..hi pe..etc they all seem to be using the same manual..if one guy on the tube mentions sector rotation..then almost everyone says we are gonna sector rotate..on and on..unfortunately dell has fallen out of favor with a large crowd..and again they may say its hi pe..but it goes beyond this...

To: Ian@SI who wrote (127840)	5/22/1999 1:50:00 PM
From: jim kelley	Read Replies (1) \| Respond to of 176387

Re: Conspiracy Perhaps a better explanation is that the analysts are concerned about eroison of profits margins in the PC business. ASP declines caused the WW PC revenues to shrink about 4% last year and companies like IBM and CPQ did not make money in the PC business. CPQ's recent shortfall in earnings and its uncertain prospects this quarter do not inspire confidence. MUEI is not doing well either. HWP, GTW and DELL seem to be weathering the environment the best. Now DELL has been making good money in this market and growing rapidly but its rate of growth has slowed to 41 % in revenues and 45 % in earnings. The fear is that there will be further slowing and possible price wars. As DELL adds to its business model there will be changes in its financial numbers. As to conspiracy..... as long as there is someone willing to buy puts from DELL why should anyone be angry. They are just making a market. The institutions get their transaction fees anyway.

To: Ian@SI who wrote (127840)	5/22/1999 2:32:00 PM
From: Sig	Read Replies (1) \| Respond to of 176387

<<<Don't know whether this does anything for anyone else on the thread, but it does help me understand a motive for Kumar et al to recognize that Dell will continue to grow faster than their best Strong Buy ratings, produce an ROIC to die for, etc, yet still make negative statements about the company's short term prospects>> Makes good Saturday reading(g) Dell, the short lived Wall Street darling( a marriage that was never consummated) has now been trashed and pushed out the door for producing the exact results the street predicted and is fair game for any passing analyst. Yet Cpq still gets surprisingly good ratings considering its deteriorating condition. Watching Dell perform on Friday- at 37 there would be 10k or 15k on the sell side and 1000 on the buy side. Below 36 7/8 there would be 10 or 15k on the buy side and 1k on the sell side. Donnies termites at work. That is great control, if not a conspiracy. Seems to happen every options Friday. But was surprised later in the day (after most of the options had been disposed of) to see it drop a bit. Sig