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Technology Stocks : DELL Bear Thread

DELL 142.68

-2.7%

Nov 10 3:59 PM EST

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To: Lucretius who wrote (1497)	8/15/1998 5:20:00 PM
From: Stephen M. DeMoss	Read Replies (2) of 2578

LT, I too have been buying puts all week. I have Sept. 110's at differant prices. Seems Dell puts in lower highs and lower lows. Are you holding your puts through earnings? I am tempted to take a profit before earnings and then re buy. The whole market is trending down. I think Dell may re-test the 98 of 10 days ago, even Monday (with the Pres. on trial). Which puts are you buying. What is the worst scenerio you forsee this week and the best <G>. My biggest fear is that the run Dell did last Jan. could happen again. Its harder today in a trending down market with a PE of 70+. Also, Does Dell live on an island? So many related companies are affected by falling demand and laying off workers. Sorry for swamping you. Steve D.

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