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


To: OLDTRADER who wrote (115518)4/9/1999 11:12:00 AM
From: Mohan Marette  Read Replies (2) | Respond to of 176387
 
William, aren't they one who makes money 'the old fashioned way'.<g><eom>



To: OLDTRADER who wrote (115518)4/9/1999 11:16:00 AM
From: TigerPaw  Read Replies (2) | Respond to of 176387
 
ever known a client of Smith Barney's to make any real money
I moved my account to Smith Barney at the beginning of the year. Since then they have given me two tips. One was to buy CPQ at $41 for the quick rise to $50, the other was for Maxtor (MXTR) which may yet make some money but is sitting pretty stagnant.

Without their advice I bought.
EMC +30%
AOL +80%
ORCL (two days ago) +10%
CSCO +17%

I'm a bit leary of their advice, although the broker is nice and answers the phone right away and executes trades quickly and efficiently.
TP



To: OLDTRADER who wrote (115518)4/9/1999 11:16:00 AM
From: stockman_scott  Read Replies (1) | Respond to of 176387
 
<<RE:Smith Barney--- Anyone ever known a client of Smith Barney's to make any real money from their advice?>>

No I sure haven't.....One of my friends in Iowa has a broker friend at SS Barney that talked him into Disney, Boeing, Erickson, and Engineering Animation. This was over a year ago. The problem is my friend and his wife are the "buy and hold type." Check out these stocks...many are near their lows...I tried to talk my friend into doing his own investing -- and I STRONGLY recommended a large position in DELL and AOL. Oh well I'm not a broker <ggg>....

The manager of SS Barney in Des Moines, Iowa called to try to get me to become a client. I told him I was fully invested but interested in his firm's opinion on DELL. He said he felt Compaq was a safer stock with a better upside...Hmmm....I read the SS Barney propaganda on DELL and CPQ a week later and realized that I wasn't making ANY changes.

Best Regards,

Scott



To: OLDTRADER who wrote (115518)4/9/1999 11:29:00 AM
From: Sueponine  Respond to of 176387
 
I don't know. I asked my SSB broker about i-net stocks and she recommended buying more AOL or buy DCLK. My DCLK has tripled. Maybe it's just my broker. She's not shy.
Sueponine.




To: OLDTRADER who wrote (115518)4/9/1999 11:40:00 AM
From: edamo  Read Replies (2) | Respond to of 176387
 
wbm...re " smith barney clients...

my only knowledge is of my neighbor who inherited a mid seven figure account that was in smith barney for years (pre solomon)...churned the hell out of her...convinced her to sell "mature" issues such as t, of course with many shares of lu....intc with cost in the pennies...ibm....etc...the bluest of the blues...this was about october 97...great timing....put her in glm, and biotechs as btim, and generic like drmd....and a whole lot of mutual funds that duplicate themselves...when she lost half of the value of the portfolio they shifted her into financials...at the high point...i recommended dell...she bought, after the split last year they convinced her to sell the position as it was the only one that she had a gain in....over three years she has had six brokers...most about thirty years old....go figure!



To: OLDTRADER who wrote (115518)4/9/1999 3:33:00 PM
From: W.B. Michaels  Respond to of 176387
 
RE:SSB-Everyone should ask to see a copy of their brokers own "realized and unrealized gain/loss report" for prior three years before opening an account-Kind of like asking your doctor for his "Kill-Cure" batting average for the past 20 years.wbm