To: John Hauser who wrote (124782 ) 5/14/1999 7:07:00 PM From: John Read Replies (4) | Respond to
John Hauser, I share your implied sentiments in your rhetorical question, sir, but it goes deeper than this now. I'm not worried about losing money with Dell, but the stakes have been raised in this day and time. Our friend Edamo is correct when he points out that 15-18% per annum is a solid return, but it seems that everywhere you look, people are "cleaning up" and growing much faster than we are here in Dell. (And of course I mean those of us who have invested since Christmas, not the long time Dell holders who are now millionaires.) I like Dell a lot, but it's very hard to stand firm against repeated attacks by the likes Paine Webber, et al. Why on Earth would they downgrade Dell just before earnings??? Are they privy to information that suggests Dell will not meet estimates??? Are they speculating, because as always, they are in a win-win proposition? This downgrade is the one variable I had not counted on.
