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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (46139)	2/8/1999 6:41:00 PM
From: RealMuLan	Respond to of 132070

<<3. Dell has been running lots of financial scams with buybacks, put warrants, etc., that only work when the stock is going up. If the stock goes down a little bit, it may keep on heading past fair value, which is about $22. >> Mike, I like that and I hope you are right. Best.

To: Knighty Tin who wrote (46139)	2/8/1999 7:00:00 PM
From: Mike M2	Read Replies (2) \| Respond to of 132070

Mike, with respect to point 4 watch out fer factored receivables. ho ho ho . I seem to recall another box maker doing that. Mike

To: Knighty Tin who wrote (46139)	2/9/1999 5:15:00 AM
From: abraves	Read Replies (2) \| Respond to of 132070

MB, I agree with alot of your points and I will sell when and if they come to pass. Remember last year I heard alot of bad things about the PC industry also. 12% growth predictions, channel overstuffed, Y2K spending freeze, etc..... But, DELL made 250% profit last year. If I'm not mistaking, that kicked the crap out of every MM mutual fund out there. I am a high risk investor by the MM's standard not by my own. To me owning overvalued stocks like DELL,CSCO,MSFT is not risky. I only own overvalued stocks. I also played the nets and lived to sell. That was some of the quickest, easiest money I ever made. If you know of a way that I can make DELL like returns on my money, without owning overvalued stocks, I am all ears. But, the kind of returns I am talking about is at least 100% return on my money each year, which has been easy to get by owning these types of stocks, in this kind of market.