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Technology Stocks : Dell Technologies Inc.

DELL 135.92

+2.9%

11:49 AM EST

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To: Geoff Nunn who wrote (47403)	6/12/1998 9:36:00 PM
From: Mike Allen	Read Replies (2) of 176387

To all: January 2000 Leaps I purchased some January 2000 option calls, strike price of $70.00 today for $29.00. In other words, I'll be in the money at $99.50 and after that it's just found money. I don't know why anyone would write these but they're out there. 18 months before expiration and Y2K ahead to drive PC sales. This time frame allows for the guaranteed stock split, at least one, which would double the contracts and cut strike price in half. I feel this is the best deal going for Dell bulls like myself. Comments? P.S. They're probably a little higher now but still an awesome value. Good luck all.

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