John: You are a jewel and asset to the thread. I truly enjoy your posts which I have read since 1996(G)
Now I first bgt Dell in "93 at $0.25 and with a total $8K in the market in "95, crossed $1mm three time since. Gave a lot back of course, but was an unforgettable once-in- a-lifetime trip. Tried to be a bear sometimes but it never fit.
Am now a cautious bull, not cautious in what I pay, just cautious in which stock I buy which has not been techs of recent.
We are all learning a few hard lessons( to understate considerably), and buy and hold is not the answer nor is the diversification so well promulgated today. IMO find a winner and lay it on with a trowel ,mortgage the house
no I would never say that- first protect the assets and the grandkids needs, then buy like there is no tomorrow. (g)
Michael Dell is a genius in many ways, EEEE was going to pull a Honda/ Toyota effort, start with cheap stuff and then work up to selling high cost,high end stuff.
They were doomed from the start, with Dell cutting prices up to 12 times in one year, knowing the direction
was down.
Can Michael rise to occasion, and progress in this fierce environment??
. With the collapse of HP, Cpq, and Gateway, I am convinced Dell achieve the stated goal of 40% market share and also make money ( rather uncommon today) so all one has to do is figure out what that means in regard to future share price and earnings. So simple !
Regards
Sig |
