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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Roger A. Babb who wrote (4351)7/30/1997 10:36:00 AM
From: Redman   of 9285
 
Roger,

Dell is up almost 2 points today and is looking very strong. I am considering going in with some September puts (probably the 80's). I truly believe that if their run does sustain due to the market, it will come to a quick halt when they announce earnings in August.

But, I think it will stop tomorrow or the next day. I do not have the balls to short it, as we have seen in the past, stranger things have happended and this thing could (although not likely) defy gravity again.

red
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