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Technology Stocks : Dell Technologies Inc.

DELL 119.67

+0.8%

Jan 15 3:59 PM EST

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To: Patrick E.McDaniel who wrote (8811)	6/18/1997 2:32:00 PM
From: William C. Spaulding	of 176387

The price wars begin: techweb.cmp.com Look who else is getting into direct sales: news.com Hard to believe. 3, William was going to buy Dell puts on yesterday leading into options expiration and the normal Dell decline. I have a feeling if he did he may not be too happy right now! No, I didn't buy my puts yet, but will soon. I have my limit orders in to buy Dell June 120 puts for a dollar, and Compaq June 110 for a dollar for Friday's decline. Although the stocks are down, I think they'll be up again on Thursday and Friday morning as naked call writers buy to cover their positions. The PC Expo is helping, too. Sometimes the decline starts Wednesday afternoon and declines steadily until Monday, so I may miss my chance to make a lot of wampum, since that's what it seems to be doing now.

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