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


To: novice investor who wrote (47061)2/14/1999 7:40:00 PM
From: Mary Cluney  Read Replies (4) | Respond to of 132070
 
NI, >>>he has been very actively selling his own shares for the last several months. This action, arguably, is an indicator that Dell himself considers the stock is overpriced.<<<

As I have already reported, I have recently sold all my shares in Dell. I could buy back now at a much lower price, I could sell short, or I could wait and buy it back at a much lower price.

I don't have an axe to grind. I care more only about making some money. I do not have a clue as to whether the stock will go up or down next week or next month, but I don't consider your opinion that Dell himself considers the stock is overpriced has any merit.

I have no particular expertise on this subject and I do not have any inside information. I only have an opinion just as I believe you have nothing more than an opinion.

As for insider selling, so what? As long as they are selling only a small fraction of their holdings, what is the big deal? You can't eat paper. You can't build a house with paper. I just don't see anything there where I could cash in on.

But, I'm all ears. I will keep my mind open and try to capitalize on anything that can help me make an honest dollar.

Sincerely,

Mary