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


To: Tommaso who wrote (49822)3/4/1999 6:58:00 PM
From: RealMuLan  Read Replies (2) | Respond to of 132070
 
Tommaso: <<Are you saying that Michael Dell is insane, ill-informed, or stupid?>>

MD was not the only one who sold stocks. The whole managing team was selling as fast as they could. So maybe this company is run by a whole bunch of insane, ill-informed, or stupid people<g>?



To: Tommaso who wrote (49822)3/4/1999 7:17:00 PM
From: Michael Bakunin  Read Replies (1) | Respond to of 132070
 
While I'm on your side (own Dell puts, hate the valuation), I think you're wrong. Remember, absolute return is not investors' only goal; perhaps Mr. Dell just wants to reduce his risk, or deleverage his net worth from his own corporation, both of which are independent of his judgement of fundamentals.



To: Tommaso who wrote (49822)3/4/1999 8:08:00 PM
From: Ed Beers  Read Replies (2) | Respond to of 132070
 
Tommaso, It is one thing to know how the company will do. It is
another to know how the stock will do. Look at our friend, MU.
Many here have made accurate predictions of MU the company's performance over the last year. Few of us have turned those
predictions into accurate projections of the stock price.



To: Tommaso who wrote (49822)3/4/1999 8:20:00 PM
From: JRI  Read Replies (1) | Respond to of 132070
 
Whatever, dude/dudette...you don't get my point..I certainly don't get yours..let's call it a draw...and good luck...



To: Tommaso who wrote (49822)3/4/1999 8:35:00 PM
From: Brian P.  Read Replies (3) | Respond to of 132070
 
<< Are you saying that Michael Dell is insane, ill-informed, or stupid? >>

No, but you might be if you thought that every time a CEO sells some stock he is doing so because he thinks the stock price of his company is going to decline. People, including CEOs, sell stock for all sorts of reasons. Maybe he wants the money to buy something? Ever thought of that? Gee, what a novel idea. Since Dell has declined relatively infrequently over the last five years, Mr. Dell doesn't often get the chance to sell his Dell stock before declines now, does he? So perhaps he and others in his company sell some stock at times other than when they think it is going to go down.

All of this attention to when Mr. Dell sells some shares is an amateurish sideshow, so much tea-leave reading by pseudo-in-the-know amateurs.