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Politics : Ask Michael Burke
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To: JRI who wrote (49758)3/4/1999 1:30:00 PM
From: Mama Bear  Read Replies (2) of 132070
 
"My post was directed toward (what I thought was) an unreasonable comment (and unreasonable bear)"

Well, you referred to bears and guys (plural). It certainly sounded like a general statement, and not directed at a single person.

"The fact that a CEO is selling stock in his company may or may not mean things are wrong at that company."

I agree with that.

"I doubt any of the wealthy bears here place more than a limited % of their assets in one stock play"

If I had the knowledge of the inner workings of the companies to the extent that Michael Dell does, I might. The reason I diversify is because I sometimes miss things. Most often, things that are hidden from the view of the general public. Although nowadays that's not that hard to do, as the general public has their collective eyes closed.

"I have a problem with poster(s) who believe it (orderly sales of a small % of his portfolio sales) is 100% proof that something is wrong at Dell"

I don't recall seeing any of that on this thread. Perhaps you could point out an example? I've certainly heard several other arguments concerning why DELL is overpriced in the here and now.

"A reasonable bear would say that it (stock sale) could indicate some trouble, but it is not conclusive"

I suppose that makes me a reasonable bear, as I stated above that I agree with that sentiment.

Barb

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