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

To: On the QT who wrote (87724)	1/4/1999 8:20:00 AM
From: Sig	Read Replies (4) \| Respond to of 176387

<<<< Can we make those of us who wish to explore this aspect of trading better equipped to reach their own potential? Will a book of this kind address these questions? Time for me to order from Amazon.com. Keep asking: Why? "What can we learn from this?"....(compliments and credit to Dr. David's insightful PM)>>> QT: Thats one helluva good post.... Books by men like Buffet and ONeil have contain the elements of successful investing and when we fail, the reason will be often be found in some paragraph they have have written. But they cannot tell us specificly what stock( or category) to invest in today.. I will list some of the factors in play from my own experience 1. A huge problem ( in making really big bucks)is overcoming our own past investing ideals and experience. For example,Mr Buffet has not invested in the tech stock field. He doen't need it, its not his goal, I have no problem with it. 2. We have to start with what we know or have done in the past and try to improve on it. ( a very slow process for older ones like myself) 3. Members of SI have a huge head start on other investors/money managers, being computer literate, seeing first hand the growth and potential of the Web, using the products, sharing investment ideas, and knowing why the money managers/brokers promote certain stocks that dont have a chance in $%^l of being successful. ( In other words, we are not stuck in the oil patch, or hung up on one stock like (the old)IBM) 4. Chance or luck does play a big part in all we do here. To explain a bit: a. Your ancient relatives were smart enough, or lucky enough,to survive all the plagues and wars in history b. Einstein was smart enough or lucky enough to pack up and leave Germany before the war. ( There but for the grace of God, etc) 5. My own financial luck started in 1993, when I bought one of those Dell computers rarely seen in stores. At the same time I was purposely looking for a stock that paid NO DIVIDENDS ( I was pissed at Uncle Sam for taking every cent of dividends I made at the time!!) 6. Dell stock at that time was selling for $9 to $20 per share so I bought some. IF it had been $70 I would not have bought it/ All of this led to my meeting JBN3 and Mr Smith in Austin in 1997, and Three inspired me to venture into the awesome world of Dell options. It had taken me three years to finally recognize that Dell "had something" that no other stock has, whereafter my goal has been to accumulate the stock ( See Kemble 2:11:10)(G). The most difficult part of all has been to hold it thru the tankings,and I did not get thru unscathed, but gained back the minimal shares I lost. So we come to a New year, still looking for the 'next Dell' Comments: For many years now Dell has BEEN the next Dell. Yet IT HAS NEVER BEEN CHEAP.( That is it ranges around $100/ share and up to $168/share and its very unusual to find it less that $70 The essence of Dell is its management team ( best in the world) and their ideals. Cannot be evaluated on charts or mathematically, but we know they treat the customers and employees and the shareholders in the best manner possible. The result is growth of the company and of shareholder value and nobody has presented data that force me to believe that it will end anytime soon. IMO it is an error to limit the (long term) upside potential on Dell. Leave that door open if you can find the courage. Good luck to all. and my apologies to all for being so wordy... ( and today I will carefully observe the stocks Greg last mentioned) Sig