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

To: edamo who wrote (112562)	3/26/1999 2:05:00 PM
From: stockman_scott	Read Replies (1) \| Respond to of 176387

<<.re: those who leave dell....to chase rainbows.. "for some reason, people take their cues from price action rather than from values. what doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. the dumbest reason in the world to buy a stock is because it's going up" warren buffett...ny times magazine 4/1/90 >> edamo: I really appreciate your insights. You are are a real asset to this thread. Warren Buffet is a legendary investor who can teach us a great deal. Even though my grandfather recently sold his Berkshire Hathaway stock (to buy more CMGI and DELL), he still admires Warren Buffet and his approach to investing. I do too. Have you ever read the book "The Warren Buffet Way" --by Robert Hagstrom..?? I would highly recommend it to anyone. In the final chapter called "An Unreasonable Man" there are some terrific insights on measuring the performance of an investment...I'll leave you with a couple... --"Buffet believes it is foolish to use short-term prices to judge a company's success. Instead, he lets his companies report their value to him by their economic progress. Once a year, he checks several variables: -Return on beginning shareholder's equity. -Change in operating margins, debt levels, and capital expenditure needs. -The company's cash generating ability. If these economic measurements are improving, he knows the share price, over the long term, should reflect this. WHAT HAPPENS TO THE STOCK PRICE IN THE SHORT RUN IS INCONSEQUENTIAL." ------------------------------------------------------------------------------------------------------------ Thanks again for posting your comments. My commitment to DELL is stronger than ever. I must sign off now -- time to head out to a meeting. Have a great weekend. Best Regards, Scott