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

To: Paul van Wijk who wrote (42397)	5/15/1998 4:49:00 PM
From: Rosemary	Read Replies (1) \| Respond to of 176387

So Paul, OT What are you trying to say here? We should sell everything we own now in 1998, for something that may happen in 2000? Your theory is no one is working on this problem, and thus disaster will befall us now? And that the stock markets are doing nothing, the banks, etc. They all are doing nothing right now to correct this?

To: Paul van Wijk who wrote (42397)	5/15/1998 5:02:00 PM
From: Lee	Respond to of 176387

Hi Paul,..Re:<< we will see a world-wide collapse of bourses,>> Long time, no post. I missed your common sense replies to some of our really off the wall bear posts. Now, about seeing a world-wide collapse of bourses. Is this because of record keeping problems because of the date or because of economic fundamentals? Does the collapse occur because of loss of value or inability to operate functionally because of date/record keeping problems associated with Y2K? I know Yardini is calling for a recession because of the slowdown associated with Y2K problems, is this your contention? Maybe this is the 'unknown' that will finally slow the bull market for awhile? Are you still long Dell? Are you coming to the July shareholders meeting? Too many questions. Apologies. Just curious. Regards, Lee

To: Paul van Wijk who wrote (42397)	5/15/1998 5:05:00 PM
From: Andy Turk	Respond to of 176387

Y2K Massacre... ? Paul van Wijk wrote: <I WOULD STRONGLY RECOMMEND EVERYBODY TO SELL NOW. THERE IS NO WAY SHARE-PRICES WILL STAY AT CURRENT LEVEL. THERE IS NO WAY THE PROBLEM IS OVER JAN. 2000.> You may be right about the magnitude of the Y2K problem, but I don't understand your timing--i.e., the suggestion to sell now. If the market were to tank on Monday (I doubt it will), it certainly won't be due to Y2K effects. Your point is well taken in regards to LEAPs though. Another possibility that you didn't mention and that might be more germane to the DELL group is that there is a lot of spending on Y2K fixes right now. That tends to eat up some of the discretionary budget for things like hardware upgrades. A friend of mine works in the Y2K industry and he told me that a typical project to clean up a company costs about $8M. Roughly speaking, that's about 2,000 nicely configured DELL workstations. He also said that the commercial world is much more on top of Y2K than local, state and federal gov't agencies. That's where the problem is going to occur. My advice: Don't worry about Y2K hitting the market yet until there's a lot more financial visibility than there is now. As a hedge, you can cheat on your taxes next year because the IRS will be too busy chasing bugs to come audit you. ;-)

To: Paul van Wijk who wrote (42397)	5/15/1998 5:12:00 PM
From: Lucretius	Respond to of 176387

Excellent post. I agree. However, I disagree on one point, this does have to w/ DELL, if the mkt and economy go into a tailspin, all business will get hit and stock prices will be slashed. DELL @ $10? Sounds funny, but would you have belived me in 1990 that we would see DOW 9000 in '98 ??? The trip down is alot faster than the ride up. -Lucretius

To: Paul van Wijk who wrote (42397)	5/15/1998 5:20:00 PM
From: Olu Emuleomo	Read Replies (1) \| Respond to of 176387

I WOULD STRONGLY RECOMMEND EVERYBODY TO SELL NOW. THERE IS NO WAY SHARE-PRICES WILL STAY AT CURRENT LEVEL. THERE IS NO WAY THE PROBLEM IS OVER JAN. 2000. THE REALITY IS FAR WORSE THAN YOU CAN IMAGINE. PLEASE, PLEASE, PLEASE WATCH OUT. BY SELLING NOW YOU ARE ONLY MISSING A PART OF THE RALLY. LOSSES WILL BE HUGH!!!!!!! Paul, I think you are a bit too alarmist! I am in IT too, for the past 15years and I am currently involved in applying Y2k fixes to 'old' C and even C++ code. Yes, the problem is big but you vastly exaggerate. Dont forget that some IS depts are just junking old code and going with new software from Peoplesoft, Baan, SAP etc.. Also, an increasing number of companies are treating this problem as mission critical. So I guess most US companies will be ready by 2000. Dont get me wrong. It is a big problem (Keane is my biggest position now!), but not catastrophic as you suggest. --Olu E.

To: Paul van Wijk who wrote (42397)	5/15/1998 5:26:00 PM
From: jef saunders	Read Replies (1) \| Respond to of 176387

ot Paul, you are right that the problem is huge and grossly underestimated. i think you are wrong that the time is to sell now. some companys will make lots of money from year 2000. a question you should have given more thought to: is dell going to benefit or suffer?

To: Paul van Wijk who wrote (42397)	5/15/1998 9:11:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 176387

Have high tech degree will travel. Paul: First things first,so allow me to kid around a bit hope you don't mind. For one thing we are still a year and a half away from the 'impending doom' so perhaps for right now a cool beer must prevail and calm down the nerves. What do you guys make up there Heineken?? Lovely beer I must say. Have one and chill and have for me as well. So you got Y2K problems in Europe,I have a solution but it'll cost you some money. What you guys need is some Indian engineers,but they don't want to come as high tech 'wet-backs' as in the early days [pardon me guys just joking-in spite of the fact it is a tasteless joke and not very funny-my apologies in advance.] and you need to pay them some moolah.Here are the going rate per my source. Undergraduates from any of the Indian Institutes of Technology will run you about 85 grand a year to start, a Birla Institute of Technology types or state universities may work for $60-70 grand for starters.I hear a lot of U.S,European and Japanese companies are on their campuses recruiting. It sounds like a joke,but it is true. Now on a serious note, I guess you do raise a valid point but I think the Europeans are probably a little behind than the Americans in this area.The last I heard our Social security is coming along just fine, IRS may have problems but they always have problems even without the Y2K,U.S banks and Insurance companies are on track at least this what they tell me. So, IMHO, even if there is a collapse of world trade and economy come 2000 shouldn't wait at least 5-6 months before doomsday???? Forget about S.E Asia they are fried already anyway,Y2K isn't going to make much of a difference.The Chinese and Indians I am sure still relay on pencil and paper because I don't think all their businesses are fully computerized. Indians and Pakistanis are busy making the bomb,and besides a lot of the business are done underground and computers are the last thing they worry about because probably there is no record to begin with anyway and same goes for the Chinese.<VBG> Did I leave out anybody??? The Latin Americans,oh they run on 'macho' more than computers as far as I know,and the Africans I believe are still on barter system so no problem there. So the only people with money and computers are the Americans and then the Europeans so let's all panic and dump everything and hide the loot under the mattress,you with me???? Now that I have offended everybody pretty much,apologies in advance, and allow me to take cover.