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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST

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To: Chuzzlewit who wrote (78118)11/11/1998 2:05:00 PM
From: Lee  Read Replies (3) of 176387
 
Dear Chuzz,...Re:. I am virtually certain that none of them resented this discussion (which was quite negative in tone)

I think you are trying to reason with the unreasonable. It appears that the problem LT has with Dell is personal and also that it has roots in his basic concept of the dollar losing value and the global economy going into a severe depression which will bring about the resurgence of Au. This scenario says that he has no confidence in the abilities of current leaders to steer us through any global financial crisis. (Even in the face of improving conditions in Thailand and South Korea too).

Anybody without a vision of improving technology, nor the benefits to the bottom line of employing current technology will not understand that we are no longer in the industrial age of highly cyclical business. We have evolved into more of a service economy and that evolution has biased typical valuation methods, especially where efficiency and productivity are greatly enhanced using today's technology. And even when we consider that China and others are working to become competitive in a global economy, the tools with which to accomplish these efficiencies and competitiveness are the tools in which US tech companies excel.

So people who don't recognize these basic fundamental changes are bound to be frozen in time, so to speak. Ergo, bubble stock market, asset inflation, etc.

I just thought I should tell you that the rest of us greatly appreciate your reasonable arguments but it is a stretch to expect that some technically/vision challenged persons to understand. Even if there were no bias. <vbg>

Regards,

Lee
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