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


To: Kayaker who wrote (129191)5/27/1999 1:04:00 AM
From: wayne nikituk  Read Replies (1) | Respond to of 176387
 
This guy is insane...most people at that age should be on a beach or with their grand kids..$20M in margin? Question is, would he still be holding if he was a NEW investor at $43 ? Imagine the margin call...when we hit $26



To: Kayaker who wrote (129191)5/27/1999 9:27:00 AM
From: David Harker  Read Replies (3) | Respond to of 176387
 
My favorite quote from WB Michaels in that story:

"You don't look at price/earnings multiples," he says. "You
look at what the future income stream is going to be. Then
you take everything you've got, leverage it up your you-know-what,
mortgage your dog, your wife, your house, put it all in Dell stock
and sit down and relax."

Oh yeah - my previous message was wrong, he had $49 million
in Dell stock, not $42 million... (at the time of the
interview anyway...)