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Technology Stocks : Dell Technologies Inc.

DELL 115.43

-1.5%

Jan 23 9:30 AM EST

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To: Venkie who wrote (25322)	12/16/1997 11:48:00 AM
From: McNabb Brothers	Read Replies (1) of 176388

Venkie, Here I am watching the threads! I hope the markets will rally into this Fridays option expiration! I have alot of options that will expire worthless and I do not want to cover for an 1/16 or an 1/8 and have to pay comm. also! You know how I feel about money being taken out of my account by way of buying options that are sure to expire! Im f I had more than a couple of weeks left and I can get out at an 1/8 or 1/16 I would cover forsure, but 3 days I'll wait! I could roll out to Jan. of 98 now, but I have a rule to keep so much margin freed up so in case the old squeeze hits! I do play by my rules that I set and I will be patient even though this rally is very tempting to sell into as far as I'm concerned! Looks as though I will be shorting some YHOO Friday at $50 and $55 since I have naked calls sold on those strike prices and I will also have to go short AOL at $80 also! I've got some YHOO $60 naked calls sold, so that will be give or take and the AOL $85 which also will be give and take for 3 more days! If they do rally I will be short just that many more AOL and YHOO shares! Hank

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