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

To: High Plains Drifter who wrote (82685)	11/28/1998 11:36:00 PM
From: Uncle Frank	Respond to of 176387

>>A Co-worker just sold about 10000 shares of Dell without showing much gain and reinvested all in Microsoft. Did he do the right thing? Roadmax, That's a pretty big block of shares, $638K at Friday's close. So your friend has a lot of money. If he sold Dell without showing much gain, he didn't hold it very long, so he's probably a short term player looking for upward momentum, but without the risk level of the I-Nuts. Microsoft definitely has more short term momentum than Dell; for the last 20 trading sessions, msft is up 20% while dell is down 2%. But msft is also facing some uncertainties: the doj action and the new aol/nscp + sunw alliance. Your co-worker may just time himself into a fine short term profit. Longer term, I like Dell. Both of them are in my portfolio. I suggest you follow your rich friend's lead; if you're going to take golf lessons, make sure you pick a pro who can score. Frank

To: High Plains Drifter who wrote (82685)	11/29/1998 12:59:00 AM
From: Sig	Respond to of 176387

<<<A Co-worker just sold about 10000 shares of Dell without showing much gain and reinvested all in Microsoft. Did he do the right thing? Any opinions?>>> Far better to look at your own past investments and try to improve. Friends in the past have advised me to buy Cuban-American Sugar( before Castro),DeBeers, Nichols Institute, Mexican phone company stock. oil speculators. Long term do you think it will be easier for Msft to double and achieve a market cap of $681 Bil, or for Dell to double and achieve a market cap of 176 bil or less due to buy-backs another 240 mil shares.? Short term its tough to decide, Dell is ready to move up ( check what happens to Dell price after low volume days on Dell Aug 13, Sep18,Oct 18,and Nov 8) but Msft is likely to declare a split. Long term its Dell. JMHO Sig