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Technology Stocks : Dell Technologies Inc.
DELL 146.68-1.7%Nov 7 9:30 AM EST

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To: Mark Peterson CPA who wrote (106703)3/3/1999 11:09:00 PM
From: Hector  Read Replies (2) of 176387
 
Mark,

I'm not messing with Kemble. I gave him what I thought was good advice. If Dell goes down 50% from its high and stays there for a few years, the people who invested with him will not remember the 5,000% return. They'll remember that their portfolios are down 50% from the high. All it takes is one disgruntled investor to make life miserable for a money manager or a fiduciary.

Based on what I know about the "prudent investor acts" in the various states, I think he's treading a fine line. The cases are lining up right now, just waiting for the next bear market.

Disclaimer: I'm not a lawyer, just a CPA like you who invests full time.

Best regards to you,
Dave Walter
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