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Technology Stocks : Dell Technologies Inc.

DELL 111.91

+0.7%

12:18 PM EST

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To: James Choi who wrote (23142)	11/25/1997 5:22:00 PM
From: curious	Read Replies (2) of 176387

James: You are right in recommending being level-headed. There is no doubt that one needs to be long as well as short on stocks - at different times, not at the same time. Remember that Dell came out with an excellent report - hitting perfectly on all cylinders. Surely, things are likely to go wrong in future. But, that does not mean that we should start punishing Dell now (by shorting it) just when it has come out with an all A report card - with perfect GPA. Otherwise, we will be sending a wrong signal to performing companies by stating that, no matter what, you will be punished as there are certain chances that you will encounter difficulties in future irrespective of your excellent execution in the quarter gone by. Do you get a feeling of what I have stated above? Of course, I do not say that we should throw caution to the winds by being foolishly bullish on any stock - including Dell. We are trading for making money and we should have no hesitation in throwing out non-performing stocks - unless we want to go Yamaichi way. Good Luck to all.

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