Thanks Sig, and good luck with your computer! Of course, part of the problem for Dell (and everyone else) is that it has to sell around eight of those boxes to obtain the revenue it used to get from selling one box a couple of years ago. I still have my IBM Valuepoint desktop PC in a closet that I purchased for $3000+ in 1993. 486/66mhz chip, 12 meg ram, (it came with 4 meg, the 8 meg chip was a couple hundred extra - remember when Micron was the stock to buy back then?), don't remember the hard disk size, and no CDROM included in the price, with monitor extra....
As for Dell the stock, it it amazing how some 'unseen force' seems to have it locked into this range for so many cycles. I certainly don't have a clue when it breaks it, as so many have said, it's a fine company but you have to separate that from the stock and go with the flow. In my arguments with William, I actually think he is getting closer to being right, we have only had four down years once, so the day is coming when the bulls (at least the cyclical ones) will run again IMO...
Best regards,
John |
