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


To: LWolf who wrote (62126)8/29/1998 10:33:00 AM
From: Sig  Read Replies (1) | Respond to of 176387
 
Laura:
<<<who would sell their shares before the split?>>>
I have in the past bought many diff companies to participate in the splits.
The general rule is to sell the day of the split,plus or minus one day. Sometimes I violated that rule because the company just looked SOOOO good, and lived to regret it.That's probably because one develops an excessive positive attitude and arguments to keep it as it has been doing so well.
Best bet seems to be to sell it, then if it does continue to do well after the split to buy the shares back if you still like it.
I never use this rule on Dell because of taxes and because it
only takes a few weeks for it to be going up again after the split.
Today's market forces are overwhelming what Dell could do in a stable market, so it important to guess right on bull or bear for next few weeks, which you can do as well as anyone as its about 50/50.
This may be of no help, as I am not a trader, but many people
who got off the Dell train had a hard time getting back on it.
(If you are in at $105 I think you will not be able to get back in cheaper)
Regards
Sig




To: LWolf who wrote (62126)8/29/1998 2:37:00 PM
From: Tweaker  Read Replies (2) | Respond to of 176387
 
Laura,

I am not an option trader. I am holding Dell for the long term. I have been VERY sorry both times I sold Dell.

The first time I sold, I had just been laid off for the first time in my life and the market was way down (April 1997). I was depressed and sold everything. I bought Dell back after it had gone up 40 points.

The second time I sold is when a bear (pardon my language) predicted Dell would drop down to "fill a gap at 55. I thought I would buy it back then. Well it never happened. Sold at some at 62, had to pay 95 1/2 to get it back.

The rule with Dell is:NEVER SELL DELL!

I know from experience.

GO MIGHTY DELL!!!!!!!!!!!

Phil