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Technology Stocks : Dell Technologies Inc.
DELL 120.20-2.0%1:54 PM EST

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To: WinnerSBW who wrote (34912)3/19/1998 10:42:00 PM
From: Ex-INTCfan  Read Replies (1) of 176387
 
I took profits on CPQ at 34 and 29, and sold most of my remaining position at a slight loss at 26. Still hold a few hundred shares -- not enough to impact my portfolio value nomatter what it does. Put most of the money back into Dell, adding to existing holdings, and kept a portion in cash. Haven't had a bad night's sleep since.

Will consider repurchasing CPQ if it drops to 20.

I hate to sell good companies like Compaq, but I didn't want a mini-IBM when I purchased it, and that is what it is becoming with the DEC. Still a great company, though, and there is a lot of unrealized value in DEC. I just wasn't patient enought to wait for the market to realize it. The inventory thing was the kicker for me.

If I still had a substantial position, I would sell some of it now, sell the rest on any 1 or 2 point uptick, and just hang on and ride it out with the remaining holdings if it continued to go down. After all, it's only money.
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