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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (36046)3/5/1998 12:11:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
This guy is not saying DELL is going to drop off the face of a cliff, just a decline. I forgot his reasoning exactly.

If I find any rationale for his thoughts I'll get back with them.

As far as what I personally think, I follow very few stocks and DELL is not one of them.

On reflection, I follow 5, and 4 of those are Potato Chips.....I mean Blue Chips.

I think a lot of Blue Chips will turn into potatoes before all is said and done. One on my longest holdings, GE, I think will lead the DJIA down as a matter of fact. But I cannot sell it, as I have owned it for 10 years. The annual dividends almost pay for the original cost fer chrissake. But that did not keep me from writing Sep calls to take advantage of the volatility last week.

Anyway, I'll see what I can dig up on his reasoning on DELL.
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Oopsie. Could the market be starting to tank? (I hope, I hope, I hope)
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