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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST

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To: Lizzie Tudor who wrote (79989)11/13/1998 5:48:00 PM
From: jim kelley  Read Replies (2) of 176387
 
Michelle,

I have a very substantial long position in DELL but it was hedged with out of the money leaps. ( I do not like to pay unnecessary taxes.)

I am largely in cash in my tax deferred accounts. I had been expecting this coordinated attack on DELL stock for about 3-4 weeks. I was surprised that they managed to get Ashok to come in on the attack. A number of us were expecting this and have been discussing it on PM for several weeks. This will be a bump in the road in a few months.

I made very substantial gains in the last month. So I am a happy camper.

I prefer trading out of my tax deferred accounts.

Regards,

Jim Kelley

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