Now Jim, let's be totally honest. This post said you 'might have lost a little'! Remember those 10k shares you bought 'just before' Dell's earnings came out. Now, if you tell me you hedged them immediately I'll believe you, otherwise a 'small white lie' is okay!! <ggg>
Regards,
John
To: Elwood P. Dowd (102294 )
From: jim kelley
Wednesday, Feb 17 1999 10:10PM ET
Reply # of 109053
Elwood,
Thank you for your concern. Sometimes, I lose a little money. 10K shares is
actually a very small number of shares for me. My core position in DELL has
been hedged since DELL was at 108+ per share. When I buy back those
options, I will make another fortune this year.
I make money whether the DELL goes up or down or stays at the same price.
I just make it off of different aspects of my DELL positions.
Gloat not over me for I have not suffered at all.
Cheers <g>
To: jim kelley (102276 )
From: Elwood P. Dowd
Wednesday, Feb 17 1999 9:43PM ET
Reply # of 109054
Jim.... you must be underwater about $120k on that 10,000 share position
you took about a week ago when you were in Vegas. El
To: zalesky (98570 )
From: jim kelley
Saturday, Feb 13 1999 3:32AM ET
Reply # of 102294
Zalesky,
I am in Las Vegas tonight. When I heard the news of DELL's
demise I was elated. I watched CNBC until I heard that they
had asked Ekhard 5ffer to comment on DELL's situation.
I immediately called my broker and bought 10,000 more shares.
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