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Strategies & Market Trends : Tech Stock Options

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To: The Jedi who wrote (20425)	8/22/1997 10:36:00 AM
From: David Weis	of 58727

Kiri -- My Dell thoughts per your request -- << Anybody any thoughts on DELL. Conflicting reports. TA wise it is in overbought zone. Some advisors are recommending buying puts on this and others calls. Well both of them could be right just in different time frames. I hope the call buyers are right first. >>> Dell's earnings were NOT the blowout that I was expecting; however their Q3 is usually the best. I think that something like a $95-100 is still viable prior to Sept expiration --- but NOT with the kind of market we have had the past couple of weeks. I'm thinking hard about rolling out of my Sept 85s and going to something in Nov --- the reason is Q3 earnings. David

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