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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: jmt who wrote (1853)	9/18/1998 12:21:00 PM
From: Olu Emuleomo	Read Replies (1) \| Respond to of 7247

Then please ignore the fact that the company is using its cash to repurchase shares at 60x earnings to cover for dillution on stock options distributed like candy to keep labor costs off the income statement. That's fine; it means that DELL will buy back my shares whenever I want to sell. :-) But seriously, all the naysayers have been wrong on DELL for the past 3 years. I am keeping my core position until DELL trades below its 200day EMA. I know guys who have made six figure dollars from buying and holding DELL. --Olu E.