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Politics : Ask Michael Burke
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To: accountclosed who wrote (46881)2/13/1999 9:25:00 AM
From: Don Lloyd  Read Replies (1) of 132070
 
(..."I lost thousands of dollars today simply because a so-called wall street analyst "THINKS" Dell will only post sales of $5.2 billion, $300 million short of expected."...)

Here is an 'investor' who is significantly handicapped by his failure to perceive the logic of his situation. If he believes Dell will continue to perform as a stock and as a company, why in the world would he be talking about class action suits and losing 'thousands of dollars'? He can only lose if he sells and any dip should considered as a miraculous buying opportunity. Judging by his reaction, he must be afraid that he is wrong about Dell's prospects. (or that he is on full margin -g-).

Regards, Don
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