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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: ViperChick Secret Agent 006.9 who wrote (75078)10/28/1998 2:18:00 AM
From: PAL  Read Replies (1) of 176387
 
Open interest for Nov 27.5 put is 57,499. These option will become worthless in 3 weeks. Dell is short around 45,000 contracts. The money is then free for repurchase program. Just like IBM, Dell should issue a press release for repurchasing its own stock. However, since this is an ongoing program, Dell might have to do it daily. (VBG)
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