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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST

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To: freeus who wrote (130004)5/31/1999 1:14:00 PM
From: Mike Allen  Read Replies (1) of 176387
 
Down 30 percent?
I have sold Dell before at it's all time high. Thought I was pretty smart. I took a 30 percent haircut due to taxes. To me, it's obvious what to do. Buy at these levels. If you don't have a lot of extra cash, hold. Every time I have sold Dell, a few months later, I look in the mirror and see myself fade into a big ol' Lolly-pop. Yes, a sucker. Why sell and take a guaranteed government induced haircut of 15-30 percent? When you are doing your taxes next year and Dell is at 80, 90 or even 100 bucks a share, you'll be glad you didn't sell. When I do ever sell my Dell, it will be years from now, and I probably will do like MSD and sell a small percentage at a time. We ain't seen nothin' yet. Nobody does it better than Dell. Good luck to all of you, Mike.
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