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Technology Stocks : Dell Technologies Inc.

DELL 125.97

-1.0%

3:59 PM EST

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To: Dorine Essey who wrote (139640)	8/17/1999 11:54:00 PM
From: Dr. David Gleitman	Read Replies (1) of 176387

Good evening Dorine: I have to admit that I was one of those that bought back sold covered calls and sold out of my Dell position at 41 1/8 after watching Dell tank after earnings for the past two quarters. The internal debate kept raging in my mind throughout the day. The tech sector was hit hard over the past several months. Dell was pretty much flat and unstellar in performance since January of this year. Most of my paper gains for the year was lost due to reversals of fortune with AOL and the like. After being shell shocked, I switched into a more defensive mode wishing to maintain profits and not watch a profit turn into a potential loss, as I did with AOL. To those that have maintained their positions and picked up more, I salute you. Looking for a new entry point. Futures are looking up. Best of luck to all, David

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