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Politics : Ask Michael Burke
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To: Mary Cluney who wrote (44144)1/21/1999 8:44:00 AM
From: Tommaso  Read Replies (1) of 132070
 
I have a smallish position in Dell LEAP puts because the stock is priced such that its capitalization--the value of all its outstanding stock--is almost twice that of GM. I refuse to believe that a company that assembles and sells computers is worth more than the largest automobile and truck manufacturer in the US (World?) . Dell is so overvalued that I am afraid to wait for another rise (which may well occur) before taking a position against its price.
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