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Technology Stocks : Dell Technologies Inc.
DELL 125.97-1.0%3:59 PM EST
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To: Chuzzlewit who wrote (38595)4/21/1998 9:18:00 PM
From: jbn3  Read Replies (2) of 176387
 
Chuzzlewit,

I certainly hope that the McNabbs covered some of their shorts before the recent price increases. As I recall, they were short a bunch of DELL in the 45-50 range (average), and I think they were short AOL, Yahoo, and Amazon, as well. I seem to recall that DELL represented only a small part of their short position.

Whether they covered or not, they will have some reasonably large write-offs for their long positions this year. How about that analyst who considered DELL a strong sell? Wonder how many happy subscribers he has?

DELLish, 3.
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