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Technology Stocks : DELL Bear Thread

DELL 124.23

+1.4%

2:54 PM EST

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To: powershred who wrote (1204)	7/16/1998 7:21:00 AM
From: Lucretius	Read Replies (2) of 2578

Obviously I've been early on DELL. That's obvious since it is still going up, but hence I've never shorted it. I own LEAP puts, and while some of them have dropped in value due to DELL's move, I have lots of time. I've found w/ MoMo high flyers like DELL, when the end comes you don't know it is for real until the stock has already lost 30% so I start accum. a position in puts and then hold it and wait for the kahuna. I have no doubt that w/in a year DELL will be below where it is now, but as for tomorrow or next week? who knows....... No offense taken BTW :)

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