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

To: Stefan who wrote (108116)	3/7/1999 11:45:00 PM
From: TechJustice	Read Replies (1) \| Respond to of 176387

Stefan: Are you saying Dell is going down? I show RSI, Stochastic and MACD are showing Dell with an upward trend lately. I think Dell is currently hyper-sensitive right now due only to the media's focus on the tech industry.

To: Stefan who wrote (108116)	3/8/1999 8:20:00 AM
From: Leo Francis	Respond to of 176387

Yes DELL has a lofty valuation. And yes, we heard the same arguments when DELL was valued at 10 billion, 20 billion, 50 billion, 70 billion.... I will also admit I have been tempted a few times to sell my DELL position, but I thankfully never have. What I like is simple. Its the likely possibility that DELL will continue to gain market share. I don't think we'll see the rate of return we have seen, (But we've also heard this before, and have been pleasantly surprised--longs that is.), but I still think we'll see a return to previous highs this year, giving us at least a 35-40% return. Its also hard to sell into a substantial tax bill.-g- I am puzzled about your one position comment. SIII was not a solo act. I have posted several times that diversity is key, and no single trading position represents over 10-15% of my trading portfolio. I also have a core investment portfolio, (buy and forget), and a mutual fund portfolio. My trading portfolio, represents about 20% of total investments. I have not drifted from this strategy since I began investing over 25 years ago. Regarding DELL 'trend'. Its hard to call a down trend as DELL has failed to stay in a "corrective" phase for years. I think its dangerous to try to call a top. Believe me, sometimes I look for an excuse to sell. But as long as DELL continues to grow the bottom line, I find it difficult to sell. I added, as I think Mike Dell has started to think of strategic alternatives. We may also see DELL purchasing some diversity and critical mass. But as I stated, the real future value, is gains in market share. Good Trading, LF