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Technology Stocks : DELL Bear Thread
DELL 133.20+5.7%Nov 26 3:59 PM EST

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To: Ally who wrote (274)3/25/1998 8:36:00 AM
From: jjs_ynot  Read Replies (1) of 2578
 
Denise,

I agree that all the problems are not solved in tech business, but
for near term things look strong. I was able to get a price of 1 7/16
but I'm sure you will be lucky to get half of that today. I picked the
57.5 strike price since my analysis (and yours) indicated that 54-56
was the absolute bottom of the trading range, so I couldn't be wrong
by a lot and suffer a big decline IMO. I'm not sure what to do at
this point, wish that I had sold more puts (20-20 hindsight). I don't
think I am going to make any kind of further play on DELL for a while.

Dave
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