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

To: stockman_scott who wrote (104782)	2/25/1999 8:27:00 AM
From: Jock Hutchinson	Respond to of 176387

My response: There are people in and around Chicago who cannot afford high priced legal advice. Obviously not investors in DELL. Could have been DELL shorts though. Other than that, your social conscience is a little sophmoric. 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. Now this is getting more than a little bit goofy isn't it? Equating being long on DELL to superior social values. That's as soft as a squished grape. Does the name of the great philanthropist George Soros come to mind. He runs a hedge fun--as in a fund that takes long and short positions. Does this mean that his short positions are evil and that his longs are "angelic" if profits from both sides of successful trades go to supporting worthy causes--like the intense poverty in Thailand that in part resulted from Soros successfully shorting the Bhat. Or maybe I just should stay with the socially enabled conscience of the Good Ship Dell, whose manufacturing prowess has enabled it to take advntage of less than American like wages in countries other than the United States--thus allowing your Grandfather to do pro-se work for those Americans who have not benefitted from the great stock market boom of the 90s. Let's not kid ourselves Mr. Lightweight social commentator. The America of the 90s has become a nation increasingly of haves and have nots. The royalty of America (our great middle class) has grown smaller and smaller. And despite great companies like DELL, the average yearly growth for the American economy has been less during the 90s than during the 80s and even lesser than in the 70s. As for this guy who is still highly leveraged, my only advice is to go for it. But with a simple correction of 30 percent on DELL's stock ( a not unrealistic scenario), this guy could be deeply in need of some pro bono work because he will be headed to Chapter 7. As for exposing the sociopath for what he is and reporting him to the SEC, I do consider that Pro Bono work.