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

To: Frank Ellis Morris who wrote (98864)	2/13/1999 4:46:00 PM
From: stockman_scott	Respond to of 176387

<<The Sec should investigate BancBoston Robertson Stephens in San Francisco to reveal all records of trading that occured in their investment house before the market opened on Friday and during the day.. Any monetary gain that was made by their announcement using the wire services should be scrutinized. If they profited by this and I am sure they did, it should be mandatory that all gains from this racateering event should be forfeited under violation of the Federal Ricco Statues. Now this is not just a lot of smoke blowing but is based in legal fact. The law imposes such penalties with the rest of us why does it not with brokerage houses???>> Frank: You make too much sense. If what you are saying is true, IMO Congress should investigate the brokerage house activity. I am sure Michael Dell wouldn't be against this. I can tell you that DELL does not give any business to BBRS-- and they probably never will. Michael seems to have a close relationship with Goldman Sachs. You may want to send some of your thoughts to places that write on the investment community (like the street.com, Marketwatch, the Motley Fool, ZD Investor, Barrons, etc...). It would be valuable for them to consider looking into the BBRS activity. Oh well....I will certainly look forward to next week. Enjoy the rest of the weekend. -Scott

To: Frank Ellis Morris who wrote (98864)	2/13/1999 4:48:00 PM
From: Uncle Frank	Respond to of 176387

Frank, I agree with you that Mr. Nile has unfairly impacted dell shareholder's wealth (though only temporarily) by the timing of his unsubstantiated speculation. Doing so during the mandated quiet period for dell was particularly insidious. The SEC could eliminate this obvious inequity by the simple act of applying quiet period restrictions to analysts as well as the companies they follow. Frank

To: Frank Ellis Morris who wrote (98864)	2/13/1999 4:51:00 PM
From: powershred	Respond to of 176387

RE: "the law imposes penalties....." Couldn't agree more with you except...he who has the biggest bat will almost always control the game....do I think they profited? does the sun shine after it rains? If DELL does kick ass on tuesday, I have Niles to thank for allowing to load up on friday and maybe on tuesday too! cheers.

To: Frank Ellis Morris who wrote (98864)	2/13/1999 4:56:00 PM
From: Chuzzlewit	Read Replies (5) \| Respond to of 176387

Frank, if you didn't sell when Nile spoke, why did you care? I didn't lose any money and I am long Dell. Of course, you may have been margined to the hilt when Dell was up at $110 and things are getting uncomfortable now. But that is always a risk when you choose to leverage yourself like that. I have been warning the thread about momentum investing in Dell for a month now. I pointed out that Dell's run up made no sense because the stock price was going up much faster than even the most optimistic growth estimates. BGR and JHG took issue with me on that (and I am sure both of them will acknowledge those discussions). BGR gave us an account of how he was virtually wiped out as a result of leverage. Throw in momentum investing at you have an explosive situation. Don't blame it on the analysts. Blame it on the gurus who tell you to buy DELL when it is up around $110 because they know it will go to $135 at earnings. Blame it on the pied pipers who tell you to margin yourself to the hilt because there is no way the stock can fall. In any event, BancBoston did not manipulate the stock price or cause the market to fall. It was the rapid exodus of those same momentum players who pushed the price of Dell up by 60% in the last couple of months who caused the price to fall. Do you remember all of those posts on this thread which had phrases in them like "waiting for Dell to be Dell"? Look at those folks for the cause of the fall. Dell is the finest company I have ever seen, but irrational investing based on momentum and technical analysis without regard to the underlying fundamentals is a disaster waiting to happen. Sorry to rant like this, but I am really tired of hearing that it is all Nile's fault. I am long Dell, and I intend to stay long Dell. CTC

To: Frank Ellis Morris who wrote (98864)	2/13/1999 6:07:00 PM
From: Catcher	Respond to of 176387

great post frank...will bet my bottom $ rob/stevens profited big time from this manipulation. post from mohan points out contradictory statements from niles that ARE NEWSWORTHY statements made in 2 week timeframe that saw no new financials released from dell competitors (or dell)

To: Frank Ellis Morris who wrote (98864)	2/13/1999 7:28:00 PM
From: Starowl	Read Replies (1) \| Respond to of 176387

FEM: Here's a link to the SEC, if you want to lodge a complaint. I did this morning, and I don't even own Dell. I'm a firm believer in free speech, but the reports yesterday seemed to wield too much power at the expense of us ordinary investors. sec.gov Starowl

To: Frank Ellis Morris who wrote (98864)	2/15/1999 4:16:00 PM
From: Gaston	Respond to of 176387

Don't you feel that the timing of the announcement was obvious to cause a massive sell off. Nobody is disputing one's right to an opinion but damn it lets make the playing field equal. What was done here was a crime of opportunity ands market manipulation. for which all of us investors paid the price. You cannot tell me that if you did not sell you did not loose. there are many who are on margin and were forced to meet margin requirement based on their % holding. Everybody should have access to the market at the same time and nobody should be able to place bets before the market trading begins. This indeed is a crime of conspiracy and Racateering. The Sec should investigate BancBoston Robertson Stephens in San Francisco to reveal all records of trading that occured in their investment house before the market opened on Friday and during the day.. Any monetary gain that was made by their announcement using the wire services should be scrutinized. If they profited by this and I am sure they did, it should be mandatory that all gains from this racateering event should be forfeited under violation of the Federal Ricco Statues. Now this is not just a lot of smoke blowing but is based in legal fact. The law imposes such penalties with the rest of us why does it not with brokerage houses??? Frank Frank. I've been asking those same questions, you worded it perfectly. Did you send a copy of this text as a complaint to enforcement@sec.gov? Gaston