Dell? Or No Dell?

The market is not in a happy place today. Tech stocks are getting hit especially hard. Dell (DELL) just hit a new three-year low.
Dell’s closing price on May 13, 1998: $24.56.
Dell’s price midday May 11, 2006: $24.50.
Dell’s profit for FY1998: $1.46 billion.
Dell’s estimated profit for FY2006: $3.4 billion.
Gold is soaring, and bonds are falling. Interestingly, the short-end of the yield curve is doing well (meaning, yields are lower).

Posted by on May 11th, 2006 at 12:45 pm


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