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

To: jxyzzy who wrote (110126)	3/19/1999 12:12:00 AM
From: Sig	Read Replies (1) \| Respond to of 176387

<<<<My current long term holds are "ge emc msft gnet aol">>> You seem to have some great potential winners. Instead of predicting in advance which is the best, heres a way to let the market drive you gradually into the best of those. Try this:(G) There is a lot of talk around here about bailing out of a sinking ship.Nothing new under the sun. Why, just a few years ago , back in 1996 , or was that 1986 ?. Anyway,back then I had perhaps only a few hunnerd shares of Dell, and few hunnerd BAC and a few NOC, and some Glw, and Jbil, and rdrt, and so forth. So I plotted all those up on the charts and sure enough- Jabil and Rdrt, and about 5 others were doing even better than Dell for months. And Bac was splitting, and Glw bought Nichols , etc . And the argument was that Rdrt was building all the modems and Jabil was making a whole bunch of circuit boards and Amd was going to produce all those cheap chips and beat Intc at their own game because everybody would buy the cheaper chips that were nearly as good. So I had a lot of AMD and bought more. It may have been more than the Dell shares I had. And some of those did outperforn Dell for a few weeks or months. So you can all guess the result. ( As soon as one becomes absolutely convinced that a stock is worthwhile it starts down) One rule I used at that time : 1. If a stock I recently bought started down and drops 12%, 15% or so it must be sold. My reasoning or my facts were wrong !!! because I was expecting it to go up. 2. So Jbil(jbl) reversed course and started down and I bailed , Waited a bit too long lost maybe 20% before selling. Bought some Dell and Bac. Then Rdrt went down, same thing... sold at a loss bought Dell and Bcom. Then later Dell started to outperform Hd, and Bac so I got more Dell. Got on the cpq bandwagon because they declared a split. Made good bucks. They declared a split in the fall so I bought for the split and it started down. Sold that sucker fast. Now once every 4 months I may still look at Cpq, buy a few calls. But the least hint of non-performance and I dump it like a a hot potato. Summary: Like many here I am trying to build up equity in stocks that seem to be outperforming Dell - Aol, Yhoo, Cmgi, Emc, Msft. But I realize am living in some cases on promises and company BS about making great earnings some day if all goes right. My thinking is that it can be done safely as long as one stays alert and is ready to drop the new stock when it heads for the cellar. Then put the money in a Dell or a stock that has been performing as expected. In my case this action lead to being 98% in Dell for a while. (One very exciting experience, too) But if your solid stock had been Aol or Msft or Yhoo thats OK too, as there is no single 'right' way to do things in the market.. I don't follow a specific % loss lately for selling an issue because the market is too volatile, and one has to be careful not to dump the basic stock (s) for a poor reason. Like if the whole market goes down . Or all the computer stocks go down together. Sig ( driven into Dell by noc,wdc,seg,qntm,rdrt,adic,bac,nb,bcom,jbl,cpq,intc, glw,gtw, and 30 others that couldn't live up to Dell standards.