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


To: stockman_scott who wrote (128771)5/26/1999 5:49:00 AM
From: Frank Ellis Morris  Read Replies (2) | Respond to of 176387
 
Good Morning Scott,

I am having a lot of fun playing on the radical fears that are running crazy on this stock and so many others right now. In all my years of seeing panic at its best, I would honestly say that we could be at or near the bottom of the sell off. Look at Dell, Microsoft and CMGI. This is the weekend flea market where all these great companies are selling for peanuts. Michael gives us what in my opinion was good growth in earnings and revenues and the street gets greedy. Every company should be profitable as Dell and Microsoft. Look at Intel selling way down. This is ridiculous. I would have to warn everybody that even though it is so tempting be careful about using margin.
BTW if Michael Dell resigns I would be the first to sell all my shares. I would not suggest to anyone to bail out but to weather the storm until it passes. The stock will reach 60 or better before the end of the year and y2k fear is also alot of bs.

BTW Allan Greenspan started much of this irrational fear sell off with his hinting that there could be tightening and that the stock market will not last for ever. Give us all a break and stop manipulating the markets. I think he crossed the line and maybe he should take a vacation for a while.

The sell off hurts but that money will eventually come back.

Best Wishes to All
Go Dell
Frank