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Strategies & Market Trends : Tech Stock Options

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To: David Weis who wrote (41053)	4/26/1998 2:39:00 PM
From: Tom Trader	Read Replies (1) of 58727

Hi David -- just noticed that I never responded to your post >>Now concerning the good ship, DELL.......well, you know how I feel. Very difficult to play this one down. << You are right on this; I have been so incredibly wrong on DELL, that I should really keep my mouth shut on this one. I guess my problem is that I am not able to comprehend the valuation placed on DELL given that it basically manufactures a commodity. I have never shorted it, fortunately -- basically because of its strong uptrend. I was telling Judy the other day that I probably will not short it in the future because I lack a dispassionate attitude when it comes to this stock. I feel the same way about the internet stocks -- though in this instance, it is an overvaluation based on hype. But given my track record on DELL, this is probably a signal for the sector to quadruple from where it is right now:) Regards

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