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Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

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To: hpeace who wrote (25762)	12/19/1997 12:55:00 PM
From: Jim Patterson	Read Replies (2) of 176387

. He makes a pretty good case for the naked put is the safest play "assuming you have to buy stk anyway".... The only stock that has to be bought is undercapitalized short sellers. You assume that the stock has to be bought. An announced buyback program does not mean that the stock will be bought back only that the co is planning on using extra cash to buy stock back. If the stock price falls, then the company has used its precious cash resources poorly. (IMO) Jim

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