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Technology Stocks : Dell Technologies Inc.

DELL 114.44

-3.4%

Jan 30 9:30 AM EST

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To: rudedog who wrote (145264)	10/19/1999 10:22:00 PM
From: larry	Read Replies (1) of 176388

That's not the case. I sold 100 DELL Jan. 40 puts 10 months ago. issue went down to 33 months earlier and it was not put to me by then. Thank god I am out of the position. Maybe should have thanked LT's relentless bashing of DELL. As far as your INTL goes, I think that I warned last week that issue should take an imminent beating to lower to mid 60s. The first two days after its embarassing results, the bulls tried their best to defend the issue fiercely. It was a great time to buy puts instead of selling puts. It has no business to rally 50% after it missed quarter last time. However, I don't see issue going below 60 for long unless they do another about face next quarter. You can sell jan. 65 puts if it goes to around 60. DELL is DELL. It will take the issue to completely mess up Q 4 for it to tank to 20s. 33 is doable in the near future. Expect Fidelity and Janus 20 to come to rescue and have a buy buffet. larry!

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