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Technology Stocks : Dell Technologies Inc.

DELL 129.98

-6.2%

Dec 12 9:30 AM EST

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To: Bill Murphy who wrote (22525)	11/23/1997 9:56:00 PM
From: McNabb Brothers	Read Replies (1) of 176387

Bill, Not sure if you ever read my postings as far as options are concerned, but I'm a firm believer in selling options and not buying all that time value that will expire worthless! If DELL is buying options and the stock does go down they are throwing money out the door and I plan on catching some of it for I am a big seller of naked calls! You see I love to sell that time value that will expire worthless 100% of the time! I've always wondered how DELL was buying so much of their stock when they did not have anymore cash than they did! If they are borrowing to buy their stock, that is buying on margin, and if they are trying to time the market with call option buying I should would like to know! But since they do not have that type of money the two theroies above sounds as if they could be doing one or the other or both! If that is the case, it makes my short look that much better in the longer run! Please let me know if anyone out there can tell me how they are buying their stock! Guess what? I believe the above could be a FA of DELL! Hank

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