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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: D. Swiss who wrote (149096)	12/12/1999 8:55:00 AM
From: arthur pritchard	Read Replies (1) \| Respond to of 176387

Hi Drew: <definition of "retire" and "long term investor"> I retired when you were 21 in 1978 when I left my last "job"--have never reported to anyone since. Have spent the time since, mostly sharpening my mind---I was exactly your present age when I started that. Bought enough real estate in the three years between 1978 and 1983 to guarantee my lifetime security; that is my particular buy and hold position. So you and I both did this, at age 42; point is, doesn't mater whether it is real estate, or securities. And, as with you, what started out as a high risk position, has turned into high financial security. It even afforded me, the thrill of my heavy trading experiment last year; my total trades were $76 million in Dell alone---learned a lot about head shakes, people like Niles, and insiders like Kevin Rollins in the process. But my definition of "retire" is not in dollars; rather I ask myself the following questions, all the time: 1. .do I have really good friends…a phone call, or post away 1. can I easily make new friends, if I feel like it. 2. is my mind truly agile; can I spot new trends, and new leaders, almost intuitively 3. can I intuitively define level of risk, throughout my life, in all aspects, both personal and business 4. am I truly open to feedback from almost anyone; but can I spot the kooks also 5. have I adequately provided for those I care about, who may not be able to care for themselves. (two of my four children are actually mentally retarded, and have lived in a stable well run group home for 28 of their 39 years; they have a wonderful extended family, and I LOVE spending time with them...) 6. is there any organization or person, I could help, with either time or money, which would benefit society 7. Is there a society, within this society, being formed with internet appliances, chat rooms etc.; and are there some better ethical rules there? Are persons within that “society” willing to share and help each other, or is there mostly “space grabbing” going on with some. (e.g. I love the people on the Dell thread, especially when everyone helps each other.) 8. Is the way I am and think, sought after, by others. (right now, I am on a high level consulting assignment, halfway across the country, to a large hospital, talking with both the President, and the Chairman of the Board, and the Chief of Medical Staff.) Having said all that, I also want to say, that Dell long term shareholders, need a reality check. Very important new valuation methods/ perceptions have come into place, and they will not be going away. In times like this, shareholders CAN put pressure on the board. There is not necessarily any need to sell your positions. But in any event, it is really the time to share diversification ideas, and lots of feelings of caring for each other.