Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: larry who wrote (15299)	11/11/1998 3:29:00 AM
From: Bill Wexler	Read Replies (3) of 18691

<<Also suggest taking advantage of the DELL strength to buy some Dec. 65 puts at less than $2 within the next 1 and half days. >> Bad move. <<DELL should sell off after it reaches 75-77 on Thursday early afternoon.>> It won't. <<I am more than 80% sure that DELL will miss the whisper number at 0.30. It's ridiculous.>> Think again. It isn't. <<More likely that they will hit 0.28-.29.>> What's your reasoning? The company's guidance was much more positive. <<Even at 0.28, it will give the issue a 14% Q over Q earning growth, which is terrific to me. However, street and momentum players won't be happy about these numbers, IMHO and a sell-off is more than guaranteed.>> Boy, are you in for a surprise!

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