Dell's Daytraders Decision Site Message Board

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Technology Stocks : Dell's Daytraders Decision Site

DELL 125.88

-1.6%

3:59 PM EST

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To: michael norris who wrote (354)	7/24/1997 3:20:00 PM
From: john douglas	of 1124

I wouldn't pay much attention to this, because the number of shares is small for guys at this level in Dell. They could be (a) raising some cash for a downpayment on a new house (b) diversifying their portfolio a little, my guess is most of these guys have 90% or more of their networth in Dell Stock, and if they want to move that down to 85%, big deal (c) periodically selling a little stock to spread the tax liability over a number of years. I made the same mistake about worrying about the stock price 5 years ago when I read that Michael filed to sell some stock! Not that I am saying the stock is cheap at these levels, just that I see these 144 filings as a non-issue. IMHO

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