Friday, February 02, 2007

Dell revisited

I posted about Dell back in August. At the time, it was trading between 21 and 22, and I thought its negative press was a reason to do some further analysis. So many companies are getting bombed by the media these days that bad PR is a new trigger for me to look at a company.

For better or worse, I did not buy Dell at that time, mostly because I prefer smaller, lesser known companies who don't have an army of analysts covering them. Dell closed over 27.60 last month, though, which would have been close to a 30% gain since that post. In fairness, a lot of stocks had good runs in the latter part of last year.

Dell is headed back down now. Keep an eye on earnings and look for buying opportunities.


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