Don and all:
I know you have no trouble hanging on to Dell, but for others
new to the stock I want to say a few words.
1. Do not think that it is all fun, confidence, and games to be a full time Dell shareholder. This was a very tough period for nearly a month with all of Asia bleeding , Russia falling, Mr C.
having problems, Ralph A. turning turtle (or chicken)
The fear was that the world market, or another tech
companies earnings would take Dell down with it.
2. I was not completely immune to this, and for the (almost first time) bought about 14 puts on other cheapy tech companies to partially compensate in case Dell did get dragged down.(Said goodby to the money when I spent it!!)
3. There are several ways to maintain a posture that will withstand the tough times ( look back at may 10 to June 20 period)
A. Buy a Dell leap and keep it. The 2x,3x,6x, return will keep
popping up in your vision as a reminder of what Dell can do.
B. Visit the Dell facility in Austin (as many did) and picture the 570 acres(more than a square mile) to include 6 mil
square feet of manufacturing space where construction is now under way with plans for the first 300,000 ft sq server plant which is scheduled to start operations this fall.
C. Recognize that the best most thorough analysis of Dell
anywhere is done right here on the SI thread. Thats Gabriel, Pat,
Meathead, Chuzz,Kemble, Rosser, Martini and many more.This is not some "Sell Dell" hogwash, it is done to establish or estimate where Dell is going and what to expect, so that buying of stock or calls can be done at the most appropriate time.
D: Dell is different (from other companies, (despite many claims to the contrary), because of the men leading the company.
Simply put, they keep their word, on product, on warrantees,
on schedules, and on their treatment of employees.
This is a critical massive growth phase for Dell with many new
employees. I knew (as sure as anything) Dell would not let those people down with some half-%%%ed (gee,we missed the numbers,sorry fellas) earnings report.
E. Putting your faith in the "company" is a bit vague, but
having Faith in Michael Dell is a viable (rewarding(ggg)alternative Ask Kemble !!!!
F. With a solid faith and investment in Dell, and to overcome the boredom of getting rich, let yourself make a mistake now and then
Try a bit of the exciting stuff, like yhoo, brcm, rmbs, mspg,aol,they are guaranteed to keep your circulation going. (Forget the Spaz!)
Many similar ideas could be worked out for msft, lu,csco, or other investments but I don't happen to follow those threads.
The Dell thread is too much fun (ggggg)
By tomorrow or the next day, it should be impossible for any man
to have lost money on Dell stock if he never sold it.
Have a good day, Don, and it was a great pleasure meeting you in Austin
Regards
Sig |
