Dell offers to take the company private for $13.65 per share

On June 22 1988, Dell offered of 3.5 million shares at $8.50 a share at the initial public offering. From 1995 to 1999, I watched from the sideline as many people got rich as Dell stock doubled in price every six months. Dell never paid a dividend, but with the stock price doubling, there was plenty of incentive to buy Dell stock. Finally, in 1999, after the 2 for 1 stock split on Mar 8, 1999, I purchase some Dell stock at around $40 per share. It was a mistake, since the tech bubble burst in 2000 and I never got my money back.

United Airlines sucks!

Today, Saturday, June 1, at 7:55 a.m., we arrived at the United Airlines check-in counter at Dulles International Airport, 55 minutes before our flight departed to Punta Cana, Dominican Republic. When we attempted to check-in, we were told that the flight had closed, since we arrived less than 60 minutes prior to boarding. There were no flights to Punta Cana, and there was nothing that United Airlines could do to get us on a flight to Punta Cana. The flight the follow day to Punta Cana had no available seats; the next available flight to Punta Cana was in seven days, June 8.

Federal tax revenues at record lows

Recently, an email was forwarded to me announcing a new 3.8 percent sales tax on real estate. I quickly pulled up, and I discovered that the claims were largely false. However, there was a hint of truth in the allegations, in as much as, in 2010, the Democrats increased taxes on the top 2 percent of earners in the U.S. to help pay for Health care. The new tax is called a "Medicare tax," and it will go into effect on January of 2013.

My take on the US economy

Here are three common fallacies that I have heard recently:
1. Tax increases will always hurt growth, no matter if they are targeted-tax increases or not.
2. Cutting taxes will always stimulate economic growth, regardless of who benefits from the tax cuts.
3. Cutting taxes will eventually bring down the deficits as economic growth picks up.

Mobile Broadband prices, part 2

Yesterday, I wrote about the data prices for 3G and 4G broadband, focusing on Verizon, AT&T and Sprint. However, I failed to mention that Clearwire has unlimited WiMax (4G) for $35 per month and no contracts. The only caveat is that Clearwire reduces the pipe to 1.5 megabits per second (upstream and downstream) on their $35 per month plan. However, this is the typical connection speed for a Sprint 4G connection, which currently uses the Clear WiMax service for their 4G service.

Mobile Broadband prices

Recently, I priced Verizon's new Mobile Broadband service on the LTE network. I have read many reviews about how Verizon 4G LTE blows away Sprint 4G WiMAX. I was thinking about buying a modem for my wireless devices--you can get a Samsung Galaxy Tab 2 7.0 Plus 8GB Ice Cream Sandwich 4.0 for $250, but it only comes with WiFi. There are many inexpensive wireless tablets. I was thinking that if I purchased a Wireless Verizon MiFi 4510L 4G LTE Mobile Hotspot Router WiFi device, I could use it with my laptop or with a tablet. When I spoke to the Verizon reps, I discovered the following.

Wedding registry at

The gift of your presence is enough. Sandra and I really do not expect gifts. And, if you are coming from out of town, it is expensive to purchase airline tickets and a hotel room. So, the gift of your presence is enough.

At the urging of friends, Sandra and I set up a wedding registry at Macy's ( You can find our registry by clicking on the "WEDDING REGISTRY" button and searching for David Mitchell or Sandra Alexandrino and the date of the wedding (7/3/2009).

Hotel reservations for our Independence Day weekend wedding

In an effort to help our out-of-town guests, we have reserved a limited number of rooms at the following two hotels.
The Hilton, 950 North Stafford Street, Arlington, Virginia, United States 22203, Phone: 1-703-528-6000
Days Inn, 3030 Columbia Pike, Arlington , VA 22204, Phone: 1-703-521-5570

The prices are continuing to rise as the hotels get booked up for Independence Day, July 4. In early March, we were able to book The Hilton for $159 per night, and we were able to book the Days Inn for $100 per night.

The Two Shall Become One

Sandra Alexandrino and David Mithcell will be united in holy matrimony on Friday, the third of July, 2009 at 2:30 p.m. at Central United Methodist Church in Arlington, Virginia.

Since this is popular weekend to travel to Washington, DC, we are encouraging our friends and family to members to make hotel reservations well in advance of the 4th of July weekend. We recommend the following hotels:
The Hilton, 950 North Stafford Street, Arlington, Virginia, United States 22203, Phone: 1-703-528-6000
Days Inn, 3030 Columbia Pike, Arlington , VA 22204, Phone: 1-703-521-5570

Engaged at last!

I am engaged at last.

I purchased the diamond on the Internet from a diamond merchant in New York City. The diamond came with a GIA certificate, but I had it appraised independently by a GIA-certified gemologist. I had the ring custom made by a goldsmith.

Ring 3

This was my first diamond purchase. My gemologist said that I made a good purchase. And, Sandra loves it! I think that it looks very nice, too.

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