<Dell registered 4 million shares>
Dell has been selling at this rate for a while..the stock went up 150% last year, and he sold millions of shares...not a good indicator
Dude, he just launched a $1 billion investment fund (a la Gates, Allen)..Gates, Allen did this is the early 90's (and sold gobs of stock accordingly)..Look at Microsoft's stock since then..
Do you think he was going to take out a loan to fund his VC firm?
He still has over 85% of his net worth tied up in Dell's stock
<Overseas>
Where have you been? (Oh that right, you are 26! <g>) Dell has been overseas for a (in PC terms) long-time....Flat out stated they are growing Asia at 70% this year..70% ! For a bear, your logic is a bit faulty here...if anything, you should attack the slowdown in the U.S. market, not Dell's overseas growth....save Germany, it has been spectatacular...(and should continue to be so...)
<I have followers>
So did the guy wearing the Nikes in San Diego. Not a sign of intelligence, nor investment savvy...
Not only AJC, but two major financial shows gave positive recommendations on Dell during the weekend....More imporantly, the fear game is almost up here...bears have successfully spread the gloom and doom during the non-data period...happens every year at this time....Christmas euphoria hang-over....
Dell is ALWAYS weak the 1st 6 weeks after earnings...that time is almost up...be real careful, my friend...
Good call at 96....however, even several on this thread (bulls) commented about the parabolic nature of Dell's stock from 80-110 at the time...You recognized a blow-off...good for you...now don't get too big-headed and think you know something you actually have little factual basis for...ie, that Dell's ship is sinking....
30 (barring the Yugoslav secretly having nukes) is a pipe dream, I'm afraid...I'll be the first to congratulate you if I am wrong, but you would be wise to move on to situations where the fundamentals look a lot worse... |