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Technology Stocks : Dell Technologies Inc.

DELL 127.80

+1.5%

Jan 2 9:30 AM EST

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To: Gabriel008 who wrote (46257)	6/4/1998 7:09:00 PM
From: Key West	Read Replies (2) of 176387

Gabriel.... It does look interesting, the biggest open interest for the June's are in fact 90 and 95. Does this represent retail speculation leading up to the earnings announcement last month? If so, have the MM's taken the other side? If this is indeed the case, then the retail side ( long ) will be the definite losers as Dell will be contained below these strikes for June. Another possibility is that these were written against core positions as a defensive stance again leading up to the announcement. Comments? Gene Piccoli

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