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

To: Naggrachi who wrote (155437)	3/21/2000 7:27:00 PM
From: rudedog	Read Replies (1) \| Respond to of 176387

Zead - it sounds like you have a fairly diversified portfolio yourself. Prior to 1997, I held only 3 or 4 stocks at a time, and did not trade much. I had the good fortune to pick some that appreciated well in the early '90s... MSFT, CPQ, INTC. My big investment in CPQ was in 1991 just after Pfeiffer took over, and I saw my money increase by a factor of 30 in the next 5 years, turning a relatively small stake of about $200K into some real money. But that experience also left me with deep faith in CPQ's vision and management team, and the notion that there would be a lot more of the same in the future - obviously that ain't what happened. DELLHeads will say "DELL is no CPQ, it can't happen to us" - but the performance of management in 1999 did not do anything to make me confident, just the opposite. Many - myself included - have done well by focusing on a few stocks. But surely, once one gets to a point where the financial basics are under control, a slightly more conservative strategy which does a little more to assure that whatever happens to DELL, the gains of the last few years are relatively secure, is prudent. I don't think that DELL is going to tank, or even drop much from here, but it is a possibility - I didn't think CPQ would lose more than half its value either. The chances that a more diversified portfolio will tank are a lot smaller, even if the contents are still mostly tech stocks.