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Technology Stocks : Dell Technologies Inc.
DELL 128.01+4.5%11:39 AM EST
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To: SHERRELL B. who wrote (103524)2/22/1999 10:40:00 AM
From: Knighty Tin   of 176387
 
SR, True, it has only dropped from $95, where I made the prediction, to $16 7/8, so far. I was totally wrong. In retrospect, I should give back the 2100% I made on MU puts. <vbg>

My big mistake was in not recognizing the fact that a co. can lose half a billion dollars a year, go deeply into debt, add capacity which they have to sell at a loss for eternity, and still recover in price if the herd is dumb enough. I always assume the herd has at least room temperature IQ and that was a big mistake on MU.

MB
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