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

To: Jim Patterson who wrote (41315)	5/11/1998 11:32:00 AM
From: Walt Corey	Read Replies (2) \| Respond to of 176387

re: a home equity loan to buy stocks. I have to agree with you Jim, even though your comment was not directed to me. I think it's criminal finance companies are trying to lend 125$ of a home's value to "join a country club...buy a hot stock". On your assessment of taking on long term debt, remember the saying, "I am not here for a long time...I am here for a good time". Maybe Michael has my horizon too, 2 - 3 years.. Walt

To: Jim Patterson who wrote (41315)	5/11/1998 12:04:00 PM
From: jim kelley	Respond to of 176387

JP, Your ruminations fly in the face of reality! MD has been with his company longer than any other CEO in the industry. To say that he has a short term view is ludicrous. IMO, you are ascribing your own proclivities to MD. Your comments on his grandchildren's future is both presumptuous and boorish. But you're a heck of a guy anyway!

To: Jim Patterson who wrote (41315)	5/11/1998 12:17:00 PM
From: K. M. Strickler	Read Replies (1) \| Respond to of 176387

Jim, Interesting concept, but considering the following: $500M is 'chump change' to DELL. I think that DELL is doing it for a different reason, maybe to 'get on the radar' screen of those who like to own 'debt' instruments, and therefore 'tap' another source of investors. As for the 'mortgage' approach, I wrestle with that all of the time, as whether to 'stay invested' or accelerate the 'mortgage payoff'. So far, the battle is mostly internal, since the 'cashing in' of an investment that is appreciating at this rate to retire a debt that is currently at 8.75% annual makes little sense and even less 'cents'! Even if DELL goes up only 50% (currently much higher than that now), I have to be making 41.25% on somebody else's money! Is this a bad thing? Actually the banks don't seem to mind as they have the 'real property' while I have the 'paper gains(losses)' and no real property. I suppose that the true test will be to 'sell' some assets to retire the 'mortgage' at the absolute top of the 'market'. If properly timed, I will get out of 'growth stocks' and get into 'bonds' as the market starts down, and in a dropping market, 'bonds' are the money makers. (So I have been informed!) As for investment policies, any investment advisor will recommend that a person be 'diversified' into several areas. IMHO, this is done so that if the market 'crunches' and for some reason the 'investor' decides that 'his advisor' is at fault for 'putting him' into only one stock, and therefore is 'responsible', decided to 'sue' his advisor. In a 'court', the 'advisor' is liable to 'loose' big time! But for the 'investor' making his own decisions, if they find a stock that has some 'pretty good' performance, both now and historically, they can 'bet it all' because you can't 'sue' yourself! If I were an investor, depending on an 'advisor' and with the current exposure that DELL is getting, I would ask my advisor if they had me in DELL. If the answer was 'affirmative', regardless of the size of the position, I would feel that at least my advisor was performing 'due diligence'. If the answer was in the 'negative', I would question them specifically, and then question 'myself' about my selection of the 'advisor'! JMHO Regards, Ken