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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: Dennis J Baltz who wrote (64329)9/10/1998 8:12:00 AM
From: Craig Lieberman  Read Replies (1) of 176387
 
Dennis,
You will do fine.
A small example of the cost of diversity.

My daughter got $15,000 from her great grandmother in mid 1996. Being the smart stock picker that I was, I chose two stocks. AAPL and CDWC. A co-worker said, " DELL has been good to me the last year, why don't you try it?". So I said what the heck, why not.
I split my eggs into these three baskets. Apple computer sold for around $28/share. Computer Discount Warehouse traded at around $40/share. At the time DELL was ~$46/share. The Apple proceeded down in the next 3+years to $13/share where I sold it for a tax loss of 50% (where-upon it tripled again from there). The CDWC went up to 72, down into the 50s, up to 75, down to 40. I finally sold it recently to buy just a few more DELL shares. The 100 DELL shares just split to become 1600 shares. If I had bought 300 shares of DELL instead of the rest, I might be paying for my daughters 1st house instead of just paying for college.

By the way. She is 11 years old. Maybe we have time for that house after all.

Craig
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