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Technology Stocks : Dell Technologies Inc.

DELL 111.24

-1.8%

Jun 11 3:59 PM EDT

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To: jhg_in_kc who wrote (148786)	12/8/1999 6:16:00 PM
From: Chuzzlewit	Read Replies (2) of 176387

jhg, You are wrong. Bubbles burst when the pressure of the gas exceeds the strength of the membrane enclosing it. Gas from analysts has been pumping this market at a prodigious rate. The fact that buy-side analysts are in bed with investment banking should tell you something. The only sane way to evaluate a stock is on the company's forecasted ability to generate cash flow per share. Few buy-side analysts look at this all-important metric. Don't get me wrong. I am very bullish about the technology sector. It's the valuations I am concerned about. What you are seeing now is the classic "Greater Fool Theory" in operation. I'm thinking of launching an IPO. Think I'll call it Tulips.com. TTFN, CTC

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