Hi Kemble,
Here we are in Las Vegas getting ready to go home. Just thought you all might be interested in an article from Money Central that was written by Mary Rowland. This was about IBM, but folks, we could very well be reading this about DELL. This is not the entire article. May Rowland said,
"After I bought it, I was heartened to read The Wall Street Journal story of Dorine Essey, 71, a travel agent in Miami Lakes, Fla., who returned from a cruise on the evening that IBM made its announcement.
She logged on to MoneyCentral to see an Advisor FYI on her IBM stock and learned what had happened. After a little research, Essey discovered that institutions were buying up IBM and decided to hang on. She would have bought more, she said, had she not used her cash the day before to buy Amgen (AMGN) when it, too, was hammered by a troublesome earnings report.
For long-term investors, bad news can be good news. It's called a buying opportunity."
Dorine
by the way I am a YOUNG 71. VBG
|