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

To: McNabb Brothers who wrote (26358)	12/27/1997 8:01:00 PM
From: jbn3	Respond to of 176388

Hank, If you believe that the Asian economic crisis is going to seriously impact our market and all the stocks in it (and it may) then short the entire market by shorting the indexes. If you think that some companies will continue to achieve good earnings and correspondingly higher prices (and I do) in spite of the Asian problems, then you should be long those companies. I do, and that's why I'm l-o-n-g DELL. Even if DELL should happen to go to 60, which I seriously doubt, I expect to hold DELL for at least two more years... at which time I expect to realize a substantial profit. Difference between us: you say you are short term. I guarantee you I am long term. Had you taken my advice and covered your shorts in the 70s, gone long, and then opened new shorts when DELL got to the 90s, you could have made a tidy sum. Beware of the return of the funds and the influx of IRA money in January. Once again, you can make money by reversing your position now prior to earnings reports. 3