DELL At 37-38 Is Too Tempting To Pass Up
Q: There ain't much upside in ANY stock anymore. Not with the Nasdaq hovering in a small range for months on end and all stocks trading at (still) absurd multiples.
A:
There is some upsides in some stocks, such as Commerce One. Although
overvalued, you saw it make a decent run, and there's the fuel cell stocks,
a decent run there also. I still wouldn't buy DELL on the short or longer
term. Short term there's that call with PC consumer sales slowdown, longer
term there's the problem of future growth and
There is TONS of upside on TONS of stocks. You just have to stop tending to
the dogs so much! I have learned that the painful way and September has been
a good month now!!
1. The chart sucks for the past year.
http://finance.yahoo.com/q?s=DELL&d=t
2. Definitely not a trading stocks, ORCL or any Semi are good trading
stocks. Many of these will give you better returns short term from here.
3. Perception is that the PC industry is slowing and soon to have growth
similar to cyclical.