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

To: Chuzzlewit who wrote (21417)	11/13/1997 2:03:00 PM
From: Sig	Respond to of 176387

Paul (and all) We are all in unique positions, goals capabilities. I have great faith in Dell as a company/investment. Still the stupid (or more likley) greedy bankers/credit card issuers have let things get out of hand by permitting inflated land/building/company loans as they did in 1923 in Florida, in 1928 in Calif, in 1980 in the Texas where I live, in 1990 in home values in Southern Calif, and now in Asia perhaps copying our American banking techniques. Since no one can predict where the tanking stops, I am left to my own rules on investing. Back in May I set a cut off-point for selling Dell at 140 ( now 70). I have no choise but to sell, which I did although only 250 shrs. I will wait monetarily say to 68 then sell another 250 etc ( a slight violation of the rule , but close enough) with the hope that it does not go that low) etc Regardless I will be keeping a min of 360 shares. Plus all 20 calls and leaps We cannot tell at this moment whether the excellent earnings to be announced Nov 24 will override the Chinese plague or not, or what effect the Brazillian jungle rot will have on the market. This market could turn on dime, but I still agree with many do not expect an immediate return to the bull market. If the market could hold, Dell could lay on a very good move up to earnings time. And I will be buying the Dell back, probably at a higher price, when the market stabilizes Sig

To: Chuzzlewit who wrote (21417)	11/13/1997 7:09:00 PM
From: John Koligman	Respond to of 176387

Hi Paul, I was just trying to say that by the traditional 20% rule for the 'bear', the vast majority of techs are far lower. At the rate techs were going down (today excluded) another month would be a real gut wrencher! Anyway, the drive makers have really been beaten, in checking out WDC (and I'm sure you will thoroughly check it out) the only negative I read about is that they may be behind the technology curve in making the jump to new head technology. But, they have a strong balance sheet and have certainly taken it on the chin. I bought Boeing and Intel for myself and relatives last week, and Applied Materials today. The obvious story on all three (in my terms) is 'very strong beaten up quality'!! I don't own Dell but my largest holding is CPQ. I was a skeptic on Dell for a long time and even shorted it last year around this time, making a quick 10 bucks on the trade, but Dell's performance has made a believer out of me since then. I was still a bit leery of the rise over this year, that and CPQ's enterprise position convinced me to pick it up. Hope today signals better times ahead in the not too distant future. John