Hi Frank, how are you doing today?
How's life on the short-side. I was a little bit disappointed when
you told me you covered so soon on monday. Although you made money
on (by limiting your losses) I don't think it was a good idea.
Remember, shorting Dell is not about making money, it's about
learning things the hard way. But I also have to make you a compli-
ment because it was a good move to step back in $104.
Maybe you read DLJ raised it's price-target. Well, don't worry
about it. It's the usual stuff. Hope you stayed calm, and did no
"panic-buying". Hank told us you were an experienced short
and everyone on this thread knows that an experienced short never
covers when "the story" is still intact.
Well, I assume you read Mike's story today. No worries anymore,
fundamentals are still intact. So you can stick to your plan.
Frank, hold on & don't give up. I really admire you courage. America
can be proud having citizens like you.
Only "a Marlboro-man with balls" has the guts to be a bear on Dell,
2 weeks before earnings, 2 weeks before the split-announcements,
excellent fundamentals, a bright outlook for the PC-market in
general, etc.
To be honest to you, deep down inside I wish that I was also such a
brave warrior like you. But I'm not. It's the brains, you know. They
prevent me to do such things.
Anyhow, wish you all the best, we keep in touch,
Paul
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