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


To: Chuzzlewit who wrote (122842)5/6/1999 4:16:00 PM
From: stockman_scott  Read Replies (1) | Respond to of 176387
 
<<So if the big boys are so smart, and manipulate the market so effectively, how come 90% of the funds (these are the big boys) under-perform the market? Answer: they aren't that much smarter and they're not manipulating the markets. If they were they would have much higher portfolio turnover rates than they do.>>

Chuzz: Thanks for your comments. There are a number of very large funds that have high turnover rates. Of course the shareholders pay for this. Some of these Funds are doing daytrading of internet stocks and stocks like DELL. The biggest market makers (the large brokerage firms) IMO manipulate more than most realize. I have a number of classmates that work on Wall Street and they have shared some insights. Yet, LONG TERM investors can forget about all of this and ignore the volatility.

Best Regards,

Scott



To: Chuzzlewit who wrote (122842)5/6/1999 4:19:00 PM
From: ForeverDell  Respond to of 176387
 
Chuzz-

I don't subscribe to the MM manipulation game either, though sometimes it makes for good conversation when you want to blame someone else when the market moves against your stock. Unfortunately, the fact remains that supply outpaced demand today for DELL stock at prices we might view as reasonable. If anything, the BIG BOYS were probably dumping DELL stock just like the little guys. The only difference between the two was that the big boys had more to unload. However, both are human and run scared in the same manner.

ForeverDell