LT, I just found one msg of yours (May 2, to Worswick, or some such name that actually seemed reasonable and supportable. "Now for the touchy feely stuff..." funny, I had to chuckle. That obviously was before my time (on here). But you did take the time to write that tome, in response to me. I'll give you points for that. I do not believe Dell is into the commodities business. Perhaps someday, but they aren't there yet. Just my opinion. I would not buy a GWT. IBM or Dell only. I honestly believe there is a brand loyalty, even in the commercial sector, which is where I am coming from. But in my last to you, I'll stand by my dilema, if I take a bearish stance and sellout I immediately pay the feds about half, if I hold I run the risk of a blowout. I believe what we are seeing is not so much directed at Dell but the sector as a whole and it is nervousness only not supported by fact. Yes, Dell was WAY overpriced in the $90's, that's why I wrote the Aug calls. And yes, I did get spooked when it hit $98. I ended up making a couple of thousand on it but had I held, I could have made ALOT more. I THINK the thing for me to do is write some calls and buy some puts. But bailing out of my position I THINK would be really foolish. I dont think I am alone either. I am, btw, not into the rabid bulls either. I want reasonable discussion and advised opinion, not rants from either camp.
Walt |
