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Technology Stocks : Dell Technologies Inc.

DELL 129.24

+0.7%

Dec 26 9:30 AM EST

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To: Patrick E.McDaniel who wrote (9217)	7/1/1997 8:07:00 AM
From: finfan	of 176387

Patrick, Thank you for the honest feedback. I was not totally sold either when I bought the July 115 calls. I went with a gut feel. If the stock is about $1 or $2 below the breakeven price of 121 3/4 (sum of stike price of 115 and premium of 6 3/4), I am thinking of excercising the option anyway because of DELL's future outlook. I could also sell the option, hopefully at a litle higher than 6 3/4, before expiration. Your thoughts? I need to rely a little less on gut feel and show a little more patience. Again, thanks a milion. Finfan

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