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Technology Stocks : Dell Technologies Inc.

DELL 133.20

+5.7%

Nov 26 3:59 PM EST

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To: jim kelley who wrote (25623)	12/18/1997 10:20:00 PM
From: McNabb Brothers	Read Replies (1) of 176387

jim, <MM are manipulating the prices to close out the December options to minimize payout. DELL will close between 80 and 85 tomorrow. 82.50 would be a good bet.> You do not know anything about options if you think it is to the benefit of MM to close DELL at $82 1/2 tomorrow! It will be better if it closes at $80 or $85 to make the most out of options! <Baloney. The stock is behaving the same way it did last Christmas.> I agree with you that it is behaving the same as it did last year at this time, but look at all the negatives that we have now then we did last year! Japan going down, Hong Kong going down, Korea more less broke, margin pressure on most all companies due to deflation, a tight labor market here which will cause wages pressures, interest rates falling and the Dow continues to go down and on and on and on! Better wake up! Very happy I'm short and have losts of naked calls sold on DELL and a number of other high techs! I really and truely feel sorry for some of the DIE HARD DELL BULLS! Hank

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