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Technology Stocks : Dell Technologies Inc.

DELL 136.30

-3.1%

10:38 AM EST

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To: Chuzzlewit who wrote (41287)	5/11/1998 2:30:00 AM
From: jbn3	Read Replies (2) of 176387

Dear Cat, Make fun? Moi? Nevare, mon cheri!!!! However, I'm afraid that my gain in DELL is a good bit more than 66%, so I must respectfully decline the trade. 1. I had my current DELL shares put to me in January, at a price of $88 ==> $100 strike - $12 premium. (In fact I may have sold Hank some of the puts he was buying.) Even disregarding the premiums I got for writing covered calls, my cost on my most recent purchase of shares (purchased 20 Jan 98) is $44. And my (paper) gain is only $47, or > 105%. My IRA holdings (LEAPs and calls) are also doing nicely on a percentage basis. SinceI believe the potential for further appreciation to be greater for DELL, I see no point at this time in liquidating and converting to Japanese Gold! <g> 3.

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