Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Voltaire who wrote (92499)	1/29/1999 11:19:00 AM
From: Kenneth Aird	Read Replies (2) \| Respond to of 176387

Hello Voltaire and thread, I have been lurking here for the last year and decided it was time to speak up. We came into some money from the sale of a house last October, just after the mini crash, and my wife started investing using a full service broker because she had no business or investing experience. She is French and most French people do not invest in stocks because companies there are not run for the benefit of shareholders. She did OK with the broker, but I managed to talk her into investing online by herself after she paid an unexpected $400 commission. The broker never gave us a written commission schedule. Ever since I read the Fortune article on Dell I have been trying to convince her to just buy and hold Dell, and maybe trade a little on the side to satisfy her desire to do something besides wait. My conviction increased after I started screening stocks using criteria from Investors Business Daily and Dell kept coming out at the top. Then we got stuck holding Cisco all through the October scare and kept seeing Dell recovering faster. We finally managed to get a position and hold most of it with full margin for a nice gain, but she sold at around $89 due to the scary impressions she got from CNBC, froth in the internuts, 60.7% bullish advisors etc. Obviously she is now looking for the best chance to get back in. I told her about your expectation for a dip around 2:30. I hope you are right, although I'm sure Kemble would say that any time is a good time, be it 10:00 or 2:30 :-). By the way, I have an aunt in Austin and the secretary of the Raja Yoga spiritual organization we belong to lives there as well, so I am hoping to make it to the annual meeting. Best wishes, Ken