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

To: hdl who wrote (158800)	7/24/2000 8:46:29 PM
From: John Koligman	Read Replies (1) \| Respond to of 176387

Yeah, I did the same thing, which is why I'm no longer working for IBM and trading shares for the last five years. However, if you bought IBM in the 1980's, it could have taken you 10 years to break even. I knew guys in the 'old days' that were kind of like the Dell zealots. If CEO John Opel told them to jump off the Mid Hudson bridge for the good of Big Blue, they probably would have done it. All that changed when IBM employment levels went from a peak of 400k+ to around 215K between 1985 and 1993. Lots of these guys put all their retirement funds into IBM stock. Guess what - when they were asked to leave in the early 1990's, some of them panicked and sold out at the bottom, which today is a split adjusted 10 bucks/share. Regards, John