Thanks for that little anecdote Peter. What did you carve in yours--5fer?
I'm mainly a lurker on this thread, but I just want to say that I LOVE when the Street spanks Dell. I keep a decent-sized cache of cash laying around expressly for the purpose of buying Dell when it falls out of favor. It is the same story EVERY TIME. And every time it inevitably goes back up, I set aside some more (new money--I've never sold a single share of Dell) for the next buying opp, which I know will come like clockwork. I've been buying heavily (for me) all week, and will continue to pick up 100-share lots pretty much every downtick. Eventually, the stock price will reflect the world's best-managed business and resume its northward journey.
Let me just say that this thread rocks. Like Kemble, I too cheat off the smart guys like Chuzz, Jim, Gabriel, rudedog, meathead, and the many more who make this one of the more interesting and useful sites in cyberspace.
We will almost certainly see a new all-time high this year. And if not, definitely next year. Because most of us long-term owners have crushed 99% of all professionally managed mutual (and other) funds, we could hit a new high in 2001 and STILL have world-class returns.
Best to all,
Yamakita |
