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Technology Stocks : Dell Technologies Inc.
DELL 133.78-0.1%Nov 14 9:30 AM EST

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To: D.J.Smyth who wrote (169474)5/3/2002 10:53:47 AM
From: BWAC  Read Replies (1) of 176387
 
<What happens to the other 88%? > They are soon to be unemployed it looks like <g>

You are right the author made no mention of the gains made when the strategy worked. Nor does it focus on anything operatiosn wise about DELL and the future. It tells us that DELL made a bad move/decisions in not hedging those Put contracts. Hardly new news. Hardly not widely known. And its going to cost a whopping $1.25 Billion. Not good. Big fricking deal though. Its not like DELL can't pay for the mistake in cash without blinking an eye. I don't like the fact they weren't hedged. But I suspect DELL learns a bit from that mistake next time.

Further, I know its a far sentiment stretch. But hey the outcome of the Puts is still to be determined.
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