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


To: zurdo who wrote (73478)10/21/1998 12:49:00 PM
From: JRI  Read Replies (4) | Respond to of 176387
 
Zurdo- Kumar's has responsibility to analyze data, and make forecasts for the benefit of the the investment banking clients of Piper Jaffray....This is his job.....As long as he is calling it as he sees it, and not manipulating his views (in order to win investment banking business for other parts of the bank, make trades on his own account), I do not see a problem. Even if his calls are Dell-specific (which they apparently were not, in this case)

One could attempt to make some sort of ethics-based argument that he has a broader "responsibility" for the rest of us...unfortunately, this argument simply does not hold up..

Again, I would encourage you (and all others) to use this to your advantage...temporary dips in stock price are irrelevant for long-term investors....anyone who buys/sells stock based on short-term movements is playing a different game than (long-term investors)...anyone so loaded up on margin that they have to sell their Dell stock (on a temporary dip) to "stronger hands" has no one to blame but themselves (BTW- I am not claiming that I think you are)
I say, dont use margin, if you cant afford the downside...

If an investor is not on margin, and the stock temporary dips on a rumor, there is no compelling reason to sell (at that point)

Gullibe investors should read up on investing, and not blame guys like Kumar....every game has its rules...Kumar (and co.) are playing fair, IMO.