<<<One last point, telling us that your broker thinks CPQ doesn't mean anything to me. Most brokers are high priced salesmen with little financial analytical skills. When I first bought Dell in November 1995, a Merrill broker told me he didn't like Dell, he liked CPQ.>>>
It takes one distinctive over-riding factor(damn, can't remember the psychological term) to make the final decision to own Dell over
another potential stock buy.
Thank goodness many people have not been able to identify
Dell's one monstrous advantage, or it would be much higher priced today.
For example, the concept of Boston Chicken building eateries
acoss the country was easy to grasp, wow, they should do just as well or better than KFC or McDonalds. Another example would be for a company to have a well-known turnaround specialist take over, or
for Cpq to buy Dec and Tandem. Both of which were 'famous' companies.
My brokers brother is a UT student, sent to many Dell plants
(Brazil, etc), as a potential Dell employee. Did not like what he saw
going on and said so. And that raises questions in the brokers mind
which may cause him to look elsewhere.
We know that Dells management is the key factor but its hard to describe or compare. KO could be considered to have good management(and a lot more of it(G)), or Ibm, or Ge, or BA, or Ltcm.
Many companies now buying back shares, 500K, 1 mil,2 mil, 10 mil
Very funny, last I looked Dell was still authorized to buy back
100 mil shrs.
Michael is on a roll, he won't give up the 'stock of the decade title' title easily, will keep this operation going strong until
the turn of the century and probably a lot longer.
Sure you don't want to sell some of the GTW, pay taxes,buy more Dell???(hehehehe). Are we having fun or what??
Regards
Sig (working to keep that P/E up)
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