DELL,stock of the decade!!!
Paul:
Great find,good show my friend,thanks. Now allow me to post a bit from the article.
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Strategies
The best stock of the next decade will be . . .
Wondering which of today's stocks will skyrocket after 2000? History's charts may offer some clues -- and probably will surprise you.
By Mike Robbins
With only one year left in the decade, it is all but certain that Dell Computer (DELL) will be the stock of the '90s. At last count, Dell shares were up an astounding 55,000%-plus in less than nine years, easily outdistancing all rivals in this decade or any other.
Dell's victory isn't a total surprise. Anyone who's followed the markets this decade knows of the computer maker's remarkable success. Dell's strategy of building computers on demand and selling directly via mail order has given the company a distinct advantage on its competition by lowering inventory and sales costs. Besides, Dell is a computer company. It's logical that a high-tech company would lead the way in the 1990s.
But high-tech or no, Dell won't be the first company that most of us will think of when we remember the past decade. Shouldn't the stock of the decade be the company with the greatest product innovation, or at least one that leads its sector? Let's face it, Dell might have strong management and a winning sales strategy, but there was seemingly little to keep other companies from copying the firm's business plan. "Dell's not a seminal stock," agrees Laszlo Birinyi, president of Birinyi Associates. "There's nothing about Dell that makes it a watershed."
But watershed or no, 55,000% speaks for itself. What of EMC Corp. (EMC), with its dominant position in mainframe data-storage systems? Up "only" 25,000%. Cisco Systems (CSCO), with its dominant position in Internet infrastructure? Up just 22,500%. Software giant Microsoft (MSFT)? Up a measly 4,900% -- a figure that's surpassed even by America Online (AOL), which is up 18,000% even though it didn't get started until 1992. The big-chip stocks barely rate a mention: Intel (INTC) is up just 2,300%...... |
