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

To: Boplicity who wrote (49908)	7/6/1998 5:53:00 PM
From: jhg_in_kc	Read Replies (5) \| Respond to of 176387

hello, all Dell bulls especially kemble, venkie, chuzzlewit, jbn3, meathead, greogory,and many many others whose names i can't recall just now but whose comments postings and insights have been invaluable, in particular the reference to the Harvard Business Review article on the Dell model. This is my first message on my trial membership. Let me also congratulate you on your driving away the incredibly obnoxious Lucretius Taurus or Ursus whatever. I have been reading this thread for about nine months or so. and it is always amusing and informative. I currently own only two stocks--Berkshire Hathaway Class B and Dell. I have been shifting funds back and forth between them this year, trying to have 70% of my money in Dell when it is hot, and vice-versa be mostly in Berkshire Hathaway when it makes its move. Both of them are up almost exactly the same amount this year, 68 to 70% I might add that in April I bought a small amount of Yahoo at 127 and sold it a few weeks later at about the same price to put the money back in Berkshire. Of course we know where Yahoo is today. Berkshire is up from 2400 to 2700 in that time frame. Ealrlier I sold Intel and Compaq I think they are both in trouble, Dell being the trouble for Compaq. I divided the money between Dell and Berkshire Hathaway. During the last Dell run up to earnings announcement on May 19 I loaded up on Dell, but chased the stock too much buying some at 93 and some at 96. I sold my additonal "momentum purchased" shares at 87 (It slipped from 98.5 so fast) I bought them back at 81. And I am now waiting for the run up to the Aug 18 or 19 announcement. I will not chase the stock this time but wait and hopefully watch it go up. I forget who posted this advice but it said-- Dell begins its movement about 45 days or so before the next earnings announcement. It then goes up 50% in the days leading up to the whisper number and the final release of earnings numbers. We are at that point now, July 6. To All: Where do we expect Dell to be by Aug 18? Will the run be different in any major way from the one 3 months sgo due to either the stockholder's meeting or something unforseen? Should I sell just before the earnings announcement or at the market the day after and buy Dell back later after it drops 20% from its day of announcemnt high? Or will it be different this time. (Dell beats whisper) I need advice on an exit strategy. (Of course I never expect to sell my core Dell shares at all.) Again to all of you, I thank you for teaching me so much about Dell and how to buy it, ranging from Venkie's trading to Kemble's buy dell, go to sleep, wake up rich. Just now though dell is dozing a bit I think. And why didnt I keep my Yahoo? I had Yahoos logo in front of my face every day on the computer screen for two years and didnt think to buy it when it was 20. Is it too late at 200? I will close with a great line from Charlie Munger, the 72 year old sidekick of Warren Buffet which I heard at the stockholders meeting of Berkshire Hathaway last May in Omaha (I shook the great one's hand by the way) The line: we do not predict the currents; we predict how things swim in the currents. I hope I can help some of you in the future with my advice from time to time. cheers, jhg