William, no guts, no glory. But of course, that's been the story of your life and you just can't argue with what works. Spectacular buys on your part.
I'm beginning to wonder if the tech sell-off, Dell in particular, was the result of a few well-informed firms knowing about the IBM partnership discussions, anxious to participate, but wanting to buy into the "new" Dell and the expected benefits that are going to be realized at "two oxs for the price of one" prices.
Although IBM and DELL appear to have adopted the mantra Deny Everything when it comes to disclosing what they really intend to occur, IMO, the unstated but wildly speculated about benefits are going to be realized sooner in this 7 year deal than later. Money fund managers in the know recognize that in a stagnant market, you make your profit when you buy your stock, not when you sell it and it's quite possible that during the next few years, we're going to have a market that for a good while, goes nowhere. Hence, the reason for the well-orchestrated but now widely understood (at least on this thread) tech wreck of the past two weeks.
If we keep our heads about us, good things will surely come from this.
Sleepless in Philadelphia,
Mark A. Peterson |
