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

To: Jim Patterson who wrote (50602)	7/10/1998 1:26:00 PM
From: Sig	Read Replies (2) \| Respond to of 176387

Jim: It would be nice if you could participate in this mind-boggling Dell stock without worrying so much about about what might happen. As a trader, it may be difficult for you as ( my) attitudes change slowly,in that the good old days of 9% CD's were not too bad, the bank stocks NB and BAC were great last year for me, and I am still inclined to buy a few more conventional stocks like DIS or RCL or MRK or LU. The way I got so heavily involved in Dell has been to dump other stocks that did not perform as well, or that I bought for other purposes like to participate in stocks splits. This did not require that I predict what Dell was going to do next as long as the fundamentals were strong. In the last 18 months I have dumped over 50 different stocks because they had met my goal or just plain went nowhere or down. Includes CPQ , intc, banks, etc, And each time a lot of the money went into Dell which continued to outperforn. .. If you seriously think the market will tank very soon( timing is everything), then you are properly bearish, but Dell is NOT the one to be shorting . Dell is up 150% this year and is going up farther and even a healthy tanking in the fall is not going to kill any Dell bulls. We are in too cheaply. Summary: IMO if you bought some Dell, any amount ( to get a solid feel for it) and watched it outperform your other holdings over time you could get on this bandwagon and enjoy the ride. It does take time to get used to winning. OTOT Although I bought the DIS for todays split, I will keep it a while longer as "Dads" may be inclined to buy some while its cheap on behalf of the kids. Sig

To: Jim Patterson who wrote (50602)	7/13/1998 1:11:00 PM
From: K. M. Strickler	Read Replies (1) \| Respond to of 176387

JP, >>> I bought AMD on monday looking for an earnings related rally. I got the rally, but it came before the report. I think the report was reported very poorly, Most analysts expect the number to be way below their published number. But that was not in print so when the ## came out only 10-15% worse than what they really expected, it was reported as 2X as bad as they expected. <<< I understand that problem with the stocks that we pick to ride with, but as a financial advisor, the approach is far different that the approach that an individual investor can take, as you know all to well! But for a period of time now, you have consistently recommended AMD while belittling DELL. How do you answer your more knowledgeable investors if questioned about your choice of AMD over DELL as an instrument? It is true, and you will be correct, SOMETIME, that DELL will retrace its superb rise, but I don't think that the time is quite yet, and IMHO you have lost a tremendous opportunity for profits for both you and your investors! You, after all, were the winner of the last 'numbers' game ( what do you like now? ) and have stated over and over that DELL has been a great stock, but you think that it is overvalued at this time. Even if all of that were true, wouldn't you be better off to have your money invested in DELL, with 'stops' for possible losses, than sitting outside predicting the 'loss', - over and over - which hasn't happened? Even if the loss were to appear, which it well might, wouldn't a 'stop' order work? Sure you might lose a few points, as the order was executed, but after a 70 point runup, your net would still be >65 points! I recently went the 'diversify' route - again -, and my net 'loss' was 75 shares of DELL! That is the second time that I have done this, and the second time I have LOST. ($25K first time, $7.5K second time - well at least I getting better at losing LESS money!) Now, I admit that I am kinda' new at this stuff, since I got my NASD ticket in 1965 ( that is not a typo - it is 33 years AGO! NASD ticket LONG since LAPSED! ), I haven't seen the kind of consistent growth that both DELL and MSFT have demonstrated before. ( Of course, this is a different place and different time! ) Anyway, market up nicely for today (at this time!). Regards, Ken