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


To: James Choi who wrote (23142)11/25/1997 12:49:00 PM
From: Meathead  Respond to of 176387
 
Re: "The fact is, the future prognosis for Dell is unusually great. There is no shadow in its forcast. Do you remember when to sell a stock? You sell it when it looks absolutely promising because that when everyone who is going to buy already bought."

Yes - James, I sold several thousand shares of Dell on Setember 20th,
1996 for this very reason. I think I got ~$22/shr, made something like a 400% return in less than a year. I wish I had those shares
back..... am glad I held on to the largest portion of my position
however. That was the last time I'll use that strategy<ggg>

"We harvest what we plant."

Yes, and there aren't enough locust in the world to destroy all
I've planted<g>

MEATHEAD



To: James Choi who wrote (23142)11/25/1997 5:19:00 PM
From: hpeace  Read Replies (1) | Respond to of 176387
 
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To: James Choi who wrote (23142)11/25/1997 5:22:00 PM
From: curious  Read Replies (2) | Respond to of 176387
 
James:

You are right in recommending being level-headed. There is no doubt that one needs to be long as well as short on stocks - at different times, not at the same time. Remember that Dell came out with an excellent report - hitting perfectly on all cylinders. Surely, things are likely to go wrong in future. But, that does not mean that we should start punishing Dell now (by shorting it) just when it has come out with an all A report card - with perfect GPA. Otherwise, we will be sending a wrong signal to performing companies by stating that, no matter what, you will be punished as there are certain chances that you will encounter difficulties in future irrespective of your excellent execution in the quarter gone by.

Do you get a feeling of what I have stated above?

Of course, I do not say that we should throw caution to the winds by being foolishly bullish on any stock - including Dell. We are trading for making money and we should have no hesitation in throwing out non-performing stocks - unless we want to go Yamaichi way.

Good Luck to all.