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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 3:59 PM EST

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To: jim kelley who wrote (55815)8/3/1998 3:15:00 PM
From: Jim Patterson  Read Replies (2) of 176387
 
RE: I just wish you were short DELL or holding significant PUTS instead of long DELL.

Jim,
I am short DELL now.
a -12% position, I think that is significant.
Enough to hurt if I don't admit I am wrong quickly if that happens.
Don't have enough Ammo to swich the position back to the long side yet.

I remain of the opinoin that the stock is overvlaued and headed towards 1-2 times sales.

I may be long or short at any time, depending on the technical situation. For now, Short is the way to be.

Jim
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