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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST

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To: Jim Patterson who wrote (44403)5/22/1998 2:24:00 PM
From: JRI  Read Replies (4) of 176387
 


<<You keep buying the dips. That stratagy has been proven, over the long haul, to be less than stellar.>>

What? Where is the evidence of that? Buying great companies (especially tech) whose stock price dips (for little or no fundamental reason) has proven pretty successful for a long, long time.........

<<I was on the PSFT thread a few weeks ago. I wonder how they are doing on their buy the dip stratagy?>>

I've read a little on Peoplesoft, and they appear to be well-positioned vs. BAANF/SAP and others. If their international plans go well, it appears that their stock will do well over the next few years. But I haven't fully researched them, so I can't really comment on...

What I can comment on is that IT IS RIDICULOUS FOR YOU TO COMMENT ON ANY 4-6 WEEK PERIOD OF PRICE MOVEMENT WITH TECHSTOCKS. (Talk to me about Peoplesoft in another 3 months). We all know that are inherently volatile, and subject to short-term price downward swings of 15,20, 25%...it has happened to every major tech stock in the 90's.........and you would have made a killing by buying the dips (when the dip was not based on a fundamental loss of value of the company- like with Oracle).

That has been an "apparent trend" for quite sometime.
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