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


To: freeus who wrote (71066)10/9/1998 4:54:00 PM
From: K. M. Strickler  Read Replies (1) | Respond to of 176387
 
f,

>>> re get out in July and buy more in October
But Ken here is the problem: I saw my portfolio go down last year from Aug 8 to Oct over 25%. So I vowed to get out in Aug this year.
Low and behold by mid Aug it was down again: late Aug down 30%!!!!!
So maybe next year it will do this at a different time.
But I would like to get out before the year 2000 meldown: that is before everyone who THINKS there will be a meltdown (I dont really think there will be) gets out and brings the market down.
Freeus <<<

Does that mean you are going to get out in July?

As for 'meltdown' - Let's take a look at DELLs position in relationship.

NOW there may be pressure to replace the older systems so that the company can address the 'impending' Y2K problems, if they exist!

THEN there maybe pressure to replace the older systems so that the company can address the 'present' Y2K problems, since they exist!

Either way, DELL sells computers, Intel makes chips, and MSFT sells software!

As for other area meltdowns, IMHO, I think 'bump in the road' may be better, albeit, some companies will have several 'bumps'!

I hope the IRS falls off the 'cliff'!

Regards,

Ken