dorine...what's a nice lady like you doing in a place like this?
at some point in time any stock with strong fundamentals will trade higher then today's price....just the natural market dynamic. the question that must be asked is how long do you wait if you have a sizeable profit on an existing long term position? i sold 10k shares of dell recently, doesn't owe me a thing...earlier in the year i felt based on fundamentals alone dell would see new highs by year end and 70+ in first quarter. but out of most of the large cap techs, dell has failed to recover from lows....even hwp bounced off of 72, and now close to high again....you don't buy stocks for dividend returns only appreciation, management duty is to give this movement in share price not just by strong business but by the positive vision they paint for the market. dell has done the former but failed the latter. a company the size of dell with such a large float can't exist in a vacuum......case in point the new web pc....advertising at a minimum considering it is aimed at the consumer....brand name recognition imperative in the consumer field, dell contra to the preaching on the thread doesn't have it. it is elitist to think the average computer novitiate will pay 999 when they can buy a cpq,hwp,ibm for half the price.......
the naz is up 50%, s+p 16%...dell lagging the indices...sure it will return 15-20% per annum, but it has to make up the lack of return this year.....
it is a good investment but we all must decide going forward if there may be better returns...you own the stock, not the company!
good luck, relax, turn off cnbc, watch soap operas or jerry springer...less drama!!! ed a. |
