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

To: Meathead who wrote (21511)	11/13/1997 10:20:00 PM
From: John Koligman	Respond to of 176387

That's right Meathead. Back in the early 80's I bought a disk drive maker that got into PC's called Tandon. Bought a boatload on margin at 6 after the stock had crashed from the thirties. Waited a couple YEARS as the stock went to 3 and was lucky to get out at 5 before the company went bust. John PS - I do use margin, but for short term trading, and I watch the market in real time all day long. Still sweat when I do though...

To: Meathead who wrote (21511)	11/14/1997 12:59:00 AM
From: freeus	Respond to of 176387

Thanks Meathead (what a name!) AT least I still own 200 Dell (and 400 Compaq). Tell me something though: how can people be so sure of what they think will happen? If I were sure I wouldnt flail around so much, trading in and out of this and that, not taking profits at the right time, etc, etc, but I am still always unsure. Yet when I read the messages, especially on the Dell thread the "bears" (like the McNabbs) are positive that things are going down and the "bulls" are positive that things are going up. IF you are positive its easier to stay the course (in either direction) even if you are wrong. Actually I think if you stay long enough in one direction, with most acceptable companies, you will be right in either direction if you get out then: ie if you think it will go down and you wait long enough it will, and then if you get out you will be "right". If you think it is going up and you wait long enough it will and then if you get out you will also be "right". But you'll probably both be wrong if you wait "too long". Rather confusing!!!!!! Freeus