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

To: Mike Allen who wrote (93741)	2/2/1999 1:40:00 AM
From: Sloth	Read Replies (1) \| Respond to of 176387

Hey Mike, Do you know what J.P. Morgan's investment philosophy was? "Put all of your eggs in one basket. And then watch that basket very closely." Diworsification is a great theory in historical markets. We are in uncharted territory. Everything I learned in business school is obsolete, at least for now. Just like the great industrialists of this country, you have to make your fortune by shifting the paradigm. There may come a time real soon that we all need to go back to the old models. That time is not here yet and the ones who are flexible and go with the flow are the ones that are going to make the most money. I have been invested in CPQ since I began my portfolio many years ago. It has a great history and all of the "models" say that it is the smart play. But it has really sucked recently. I took a chance on DELL even though it was always way overpriced. It seemed that way two years ago, and seems that way now. Always will but you will always regret not jumping in because it just doesn't take the big hit like most of these high flying companies. I still own both, but what I learned was that CPQ was a great play for an old person who would rather not be invested in something like Texaco. Dell has started as a small part of my portfolio and has pushed its way to be more than 40% through splits and growth. I still hold my CPQ but am seriously considering dumping and putting that money into Dell. That is one of the few companies that I have invested in that has consistently beat the models and continues to do so. Happy Investing Sloth

To: Mike Allen who wrote (93741)	2/2/1999 11:22:00 AM
From: kemble s. matter	Read Replies (2) \| Respond to of 176387

Mike, Hi!!! RE: My broker says "get diversified!" I quickly point out that Dell stock is not the only thing in my portfolio.... I also have a lot of Dell option calls! Rock on! I hesitate to give anyone in particular the credit for this quote...but, during the shareholders meeting this past July we discussed the role of diversification...especially since Kevin Rollins had said to us at the meeting : " Diversification away from Dell is the most expensive form of insurance he has ever known" I believe Patrick and David were tossing around the concept with JBN3 that Dell was a little of everything in technology...think of it...don't you "own" MSFT....INTC....WDC or QTNM....SONY...etc. if you own DELL??? And not to mention owning an internet stock tooo...IMO DELL is one of the original internet stocks...and their earnings in this area prove it... Furthermore ....why own something that has conquered the world and has fierce competition?? XON comes to mind...this is how I got my dad to swap his life long holding of XON for DELL.... DELL is in the process of conquering the world and is only 9% of the world wide market...they have an unstoppable marketing strategy....the finest leadership in the world....And, with an opportunity to grow more today than when I first purchased Dell three years ago this month....the ocean is larger...the opportunity is greater...Michael has repeatedly told us this...once again...another reason to believe... DELL IS THE NEXT...............DELL Best, kemble