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


To: freeus who wrote (34034)3/12/1998 10:25:00 AM
From: Chuzzlewit  Read Replies (2) | Respond to of 176387
 
Freeus, do you remember the advice I gave you last November when DELL was falling like a stone? If not, I'll repeat it here:

1. Don't speculate with options (buying or selling naked puts or calls) -- not only are you betting on the direction of the price move, but also a time frame in which it must happen in order for you to make money;

2. Don't buy on margin if you don't have deep pockets. The stock that you have chosen (DELL) is already pretty volatile. Why do you feel you need to add more risk?

3. Invest for the long run. Chooose great quality companies and stay with thim until the underlying fundamentals change for the worse.

Guarantee -- if you follow those precepts you will sleep at night. I remeber having this discussion last fall, with DELL having dropped from about $50 to $38. It is now around $63. If you had a buy and hold philosophy you wouldn't be nervous.

Regards,

Paul



To: freeus who wrote (34034)3/12/1998 10:41:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
freeus: Well for one thing you can't expect anything to go up every day now can you? DELL like any other company need to give a little,some times a bit more, before it can go up again and that is the way it works. From now to next earnings time things could be choppy and be careful if you are heavily 'margined'.