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Technology Stocks : Dell Technologies Inc.
DELL 145.46-0.8%10:36 AM EST

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To: Chas who wrote (30017)2/18/1998 10:22:00 AM
From: Mike McFarland  Read Replies (3) of 176387
 
I have sold my puts...trivial loss,
was in at 2 1/4 out at 2. I think
with not much nervousness (as I
type this DELL is up to 112) the
puts are not so good--four bucks
out of the money, forget it--now
the puts are overpriced!

I have no desire to be impaled by
raging bull's horns. My low earnings
guess stands...but I am not brave
enough to back it with money anymore.
Good luck to you all this afternoon.
Maybe if my General Magic goes up
some more I will be able to afford
a Dell PII--my 486 and 14" monitor
don't look so good with the promise
of 100mhz bus speed and Deschutes
--and 17" monitors as cheap as they
are now.

CNBC has Scott Black on right now--
he likes Compaq, the Dell multiple
being too high "an excellent company
but it is definately overpriced".

We all know it is overpriced, but
that seems not to matter to
"investors".
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