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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST

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To: arthur pritchard who wrote (125681)5/18/1999 3:44:00 PM
From: kemble s. matter  Read Replies (1) of 176387
 
arthur,
Hi!!!

RE: '''''Can you put yourself in the place of someone with $50,000 who wants to own just dell? What percent margin would you yourself use, if you were just starting.

Ok...depends on the levels DELL is currently at....my Dad does that math...hate the stuff...well, not really but you know what I mean...What do I do?? If I see DELL down let's say 10%...I can't wait...I will BUY DELL down to around 50% of margin....

Of course this is my newest method....last year (nov. to nov.) I purchased DELL 25 times...I bought each time on the news of Michael Dell speaking somewhere...or his quotes...and then I became convinced that all the DELL management was "talking" to us...so I continued BUYING DELL throughout this period....Heck, when Mort started talking about CHINA...in August...I went nuts buying it....Let's just say I was very very very successful...
Changing from this type of strategy is hard....I never had to sell a share of DELL...I did a ton of work around here all year long...spent a bunch of money on the house...I love it...why not?? Have enough to keep me happy now...and basically my philosophy is..... DELL is in diapers...Yet, if I get hit...and I have this year a tad...I BUY BACK all that DELL immediately...and, I have....I do not want to miss the train....This missing the DELL TRAIN was a lesson I learned from an early DELLHEAD who constantly complained that when she got out at the high and attempted to find it falling back to purchase it lower...she became so upset with herself because it never fell back very far...and thus she missed the ride....
Simply put...I tell my friends..."Accumulate all the shares of DELL that you can...if you margin to 50% you should be safe...assuming 35% is the call.. If you get hit....GET IT BACK...SOOOON"
Hope this helps....

Best, Kemble

:o)
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