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: Jock Hutchinson who wrote (104758)	2/25/1999 5:59:00 AM
From: stockman_scott	Read Replies (1) \| Respond to of 176387

Jock: You seem to stay up awful late for an 87 year old lawyer. Instead of going after Voltaire, why don't you do some real pro bono work. There are people in and around Chicago who cannot afford high priced legal advice. I have a Grandfather who is 85 and he is a lawyer who regularly volunteers his services in the inner city up in Michigan. He (and most of my relatives) are quite LONG on DELL and are generating extraordinary returns that can be used to help a number of causes. The "Good Ship DELL" has brought a lot of wonderful people together to collaborate and support each other and IMHO this ship is MUCH HEALTHIER than you realize. Growth for DELL will continue to be ROBUST. Did you see the new Dataquest #s on server sales? Only 1 company was FAR AHEAD of the pack --- and that was DELL. (<< Three of the top five vendors showed very positive year-over-year growth, with Dell growing an astounding 95.3 percent >>)..Hmmmmm Michael has said that the internet, Windows 2000, the Pentium 3, and Broadband will all fuel growth. Don't bet against him. Those that TRUST Michael Dell and bet on the stock for the LONG TERM have done QUITE WELL. Here is a great example: <<FORBES March 8, 1999 Page 53 DELL Computers spectacular rise from a split-adjusted $8 a share to $88 in the past two years has made more than a few millionaires, or "Dellionaires," as they are sometimes called. Besides founder Michael Dell, whose 14% state is worth $16.7 billion, it's hard to say just how many Dellionaires there are. But one of the biggest is La Jolla, Calif. stockbroker William B. Michaels. Michaels, 67, says he turned a $2.75 million stake into $49 million worth of Dell stock over the past two years by using options, leverage, and a lot of guts. "If you want to arrest me for portfolio concentration, come and get me," says the Oklahoma native, an unrepentant practitioner of the win-big, lose-big school of investing. Michaels and his wife control some 550,000 Dell shares purchased with a staggering $20 million in margin debt. Michaels admits the bet looks foolhardy to some. Even brokerage executives have tried to talk him into selling. But like a lot of Dell fanatics, Michaels believes the PC maker has only begun to grow and will increase sales 45% to $26 billion this year. "You don't look at price/earnings multiples," he says. "You look at what the future income stream is going to be. Then you take everything you've got, leverage it up your you-know-what, mortgage your dog, your wife, your house, put it all in Dell stock and sit down and relax." >> Some folks just know how to invest. Others invade a thread, post too often and become "a pest" (to some members on the thread). Consider going LONG on DELL, be a little more tolerant of others with different viewpoints, and have a good day. Regards, Scott