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Technology Stocks : Dell Technologies Inc.

DELL 133.59

-1.8%

Dec 3 3:59 PM EST

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To: Eddie Kim who wrote (42179)	5/16/1998 10:40:00 PM
From: rudedog	Read Replies (3) of 176387

Eddie - Speaking of stop losses I got stopped out of 40% of my Dell position on Friday. I had been pulling up stops on 60% of my holding, 20% each at 10, 12 and 14 points below wherever it was when I placed the stops (this looked like it was outside the daily swing). If I sold at anywhere near the stop I would more than cover my original investment and still maintain a good position with the other 40% I had to go out of town (WAY out of town) on Wednesday, got back on Saturday. On Wed the stock was over 98, looked like it was heading for 100, so I pulled it up a little, put in 20% at 92, 20% at 90 and 20% at 88, figured maybe the 92 would trigger but there was no way any of the others would get hit. Well much to my saturday morning surprise, both the 92 and 90 popped. Oh well, guess I'll just have to take the money... I don't think I will put that money back into Dell for a while, I want to see how the earnings affects things and let the stock get back to an even keel. The 40% I took out is nearly as large as the whole of the original investment. No sense in being greedy.

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