To: TigerPaw who wrote (151668 ) 1/20/2000 1:25:00 AM From: calgal Respond to of 176387
TP, Re: "That segment really told the American Dream." I agree. I think the story proved that consistency is rewarded. While the first two people profiled had stock options and were at the right place at the right time, that is a rare situation. There was Kemble, who bought a stock (Dell), and held onto the bulk of it and bought more. The best bet, for many of us, is to buy, hold onto the stock, and let it grow in value. That is a very valuable lesson to learn. While many of us have had substantial gains from the surge in the Nasdaq, Kemble, has recognized the value in Dell for yesterday, today and tomorrow. It is a good life lesson. You don't hear about the people who made poor decisions and lost. Consistency,discipline and follow through are rare, but they are important elements in success, in life that Kemble exemplifies. So, the bears can grumble, but there are others of us trying to make solid decisions and still have a return on investment. I think Michael Dell more closely represents the "Kemble model" in life as well. Kemble is like a parable we can learn from! :) I have been pulling up notebook reviews to give to my boss and our Technical Director. I do my homework and they should start looking into actual research, consumer reviews and hardware reviews. So much information is available. There is a lesson in that too! How much of Corporate America buys without research or knowledge? I think the answer would be frightening. Some investors buy without knowing what they are buying. My dry cleaner got addicted to on-line trading. It became his replacement for gambling. He had to close his accounts and he sold all of his Dell too. I met with 2 people from California yesterday, and one told me that he walked into a Gateway Store (this was San Diego, so in Gateway's backyard) and bought 1/2 million in Gateway's, for his former company. Just a walk-in buy. I thought it was an interesting story and I talked to them for a long time about buying Dell's for their current company. Okay, that is my two cents worth of sense, for what it's worth! I hope Dell has a strong day tomorrow. :) Leigh