Thursday, November 19, 2009

Microsoft or Dell?

Received a phone call from a young broker, practically begging me to buy stock with him. I don't really need a broker, do my own research and buy/sell through Schwab.





I never buy large amounts of a high priced stock in fear of something going wrong and then coming up with a thousand(s)$ loss.





He kept telling me that Dell was going to go up soon. The insiders were buying it. My instincts said he was wrong. I told him Dell is like too many fish in a little pond.





We kept conversing a long time, then I said I like Microsoft instead.





The young stockbroker agreed. I bought 200 shares of Microsoft.





I'm ahead about several hundred bucks with Microsoft, but had I listened to his advice, I'd be in the tank on Dell for about eight hundred bucks in a two week period of owning it.





I still like the broker since he was right with a put situation before.





If you were me, what would you say to him next time about Dell?

Microsoft or Dell?
I don't think the broker really cares about what happens with Dell. He just wanted to pitch some stock and make commissions off that. But that's another story.





Just go with the same story. Dell won't have improved much by the time he calls next. Maybe he'll get the picture that he'll need fresh ideas instead of rehashing old stories.
Reply:I would say that Dell is the worst computer maker is in the world Cos you cant vind it in the shops it is very difficult to get it repaired if its broken.
Reply:I'd say "To Dell with it!"





or "Go to Dell!"





:P


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