SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (36568)4/3/1998 3:41:00 PM
From: Jim Patterson  Read Replies (1) | Respond to of 176387
 
re: since you brought up OXHP

My point is that the stock has a relentless rise based on the belief that the company was great.
OXHP gave of some teltail signs, a tip off if you will.
Like, as you say, competitors were having trouble.
The stock had what should have been good news and did not make a new high,
Finaly, the stock cratered in one big move.

This has happened may times before.
The circumstances are usually differently the same, If you can understand what I mean here. (investors got carried away with their own expactions, and it all got out of hand.)
When the *&^% hits the fan, the stock gets killed quickly.

We can refenence everything from buggy wips to IBM in the 80's
DEC, Wang. ORCL, OXHP, Iomega is a clasic. It does not happen to all comapnies, But the ones that get ahead of themselves and develope a cult following as, I call it, it happens to them.

I think it will happen to DELL.

Jim
PS, don't tell anyone, but I think it will happen to CSCO to.