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


To: Buffalo Bob who wrote (49792)7/5/1998 10:48:00 PM
From: Time Traveler  Respond to of 176387
 
Baffalo Bob,

Although I held on to DELL during those dark days, I bailed out as soon as my profit had doubled. I have been kicking myself ever since. Luckily, I got back in several months ago.

Regards,
Time Traveler



To: Buffalo Bob who wrote (49792)7/6/1998 1:02:00 AM
From: Sig  Read Replies (2) | Respond to of 176387
 
Buiffalo Bob
<<<PS: Is there anyone on this thread that went through that (1993)correction and held on? >>>>
That was ages ago, very few of my local( Dana Point) neighbors
(all walks of life)had personal computers. Companies, banks, the VA and some small offices had computers. I had a couple of Ataris,and my schoolteacher neighbor had an Apple.
In 1993 I had 40 shares of Dell bought at $9 share. Tanking was not a problem,I had no thought whatever of making a fortune
or any idea as to how it would grow. Nobody else I knew owned any stock in Dell, some other stocks not doing well either.
Tankings of Oct 1997 and May of 1998 a whole different ball game.Lost a couple of "paper" houses there (there are some cheap houses left HEHEHE).But they all came back, one house back, two
houses forward.
NEVER SELL DELL unless you are a trader. It can be very discouraging when Dell is down for over a month and the Wall street bears are pointing out every negative fact they can find including the prognosis that the entire market will tank.
Kemble has it right, buy Dell whenever you have the cash.
It does not take much, my niece started with 5 shs, now has 40 shares.
The ideal situation would be to put it away in the attic,but
buying Leaps is a good alternative, history would indicate the next Dell tanking won't occur before September There is
no fixed optimum way to handle that unless one could time the market(
good luck)gg or know exactly how far it will drop.Many old Dell bears would still be alive today except for waiting for a preconceived drop of 20 points to 50 or 60 or 70.
Meanwhile every Dell bull is still alive and kicking $%%
Regards
Sig







To: Buffalo Bob who wrote (49792)7/6/1998 9:42:00 AM
From: David Weis  Read Replies (1) | Respond to of 176387
 
Is there anyone on this thread that went through that correction and held on?

yep, there is.

*david grins*

I remember the correction from $48.?? to about $15.?? quite well. I remember buying DELL at $32 the first time and I remember telling myself that I was holding it until it got to $50. Of course, I didn't think we would see $15 in between.

Now for the long version.........oh, I think I'll save that for the SI get together.......if anyone wants to hear it.

o)