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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST

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To: TigerPaw who wrote (163397)12/20/2000 8:26:17 PM
From: Skeeter Bug  Read Replies (1) of 176387
 
>>I would maintain that a lot of people who bought in high, did so with funds from previously highly profitable stock sales. The net effect is that they still have a reasonable gain from the past couple of years<<

tp, and you would be wrong.

check out volume rise substantially as the price rises. the bottom line is that many, many more shares were purchased at much higher levels than at much lower levels.

the avg dell investor is toast. sure, some folks out there bought dell at $1.00 post split. for each one of those, though, 10 clowns bought dell at $60.

dell need not fall to par for folks to lose all their gains. in fact, it has already happened to most investors.
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