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Technology Stocks : DELL Bear Thread

DELL 133.18

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12:59 PM EST

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To: Ally who wrote (288)	3/28/1998 10:02:00 PM
From: jjs_ynot	Read Replies (1) of 2578

Hi Denise, My objective in lightening up on puts is more to free up margin equity than a real risk of being assigned. I think I am OK and still see a nominal trading range of about 61 to 69 as I have said numerous times in the past. So far that seems to be holding. The overall market has me a little nervous. We have a long run almost straight up from DOW 7400 and it sure seems like a good solid 5 percent correction is way overdue. Dave

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