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Technology Stocks : Dell Technologies Inc.
DELL 130.49+0.4%Dec 15 3:59 PM EST
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To: John Koligman who wrote (168612)2/1/2002 6:30:15 PM
From: D.J.Smyth  Read Replies (1) of 176387
 
But, John. These same problems do not haunt Dell. If the "market" is going to justify the devaluation of Dell's stock, they're going to have to ride into town on another goat.

My wife is a smart lady; lots of education. She never watches the financial news. She's had to listen to enough financial "..." from me for the past twenty years, she says; she has not needed "CNBC to make a determination regarding my general insanity".

But, one day this week she relented (after twenty years she figured, what the hay). I asked her to keep her eye on CNBC re the Enron story, as I'd be gone. Her impressions at the end of the day:
(a) She concluded she was listening to salesmen, not financial experts
(b) She determined they were selling themselves and not delivering financial news
(c) She determined they were being coaxed into what to say; most of the ideas they were espousing were not their own
(d) She determined it was nothing less than a soap opera with its own heros/heroines and liars

It only took "one day" and she drew these mental pictures. CNBC is nothing less than a financial version of "As The World Turns".

It was certainly stupid of Ebbers to borrow the money in hindsigt; now that the stock has tanked. But, would you have called him a genius if it hadn't tanked?
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