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Technology Stocks : Dell Technologies Inc.

DELL 114.44

-3.4%

Jan 30 9:30 AM EST

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To: BGR who wrote (92155)	1/29/1999 12:09:00 AM
From: BGR	Read Replies (1) of 176388

RE: DELL LEAPS Can someone tell me when the options exchanges plan to bring out the 01 DELL LEAPS for strikes that are upto 25% out (following the guidelines)? Or are they too afraid to lose money (and who can blame them - selling LEAPS calls on DELL is plain suicide)? I can see the Y2K 105 and 110 strike LEAPS (even these are not 25% out) but no 01 ones for the corresponding strikes - now do they expect DELL to be flat-to-down in Y2K or what!? No leverage at all here. I hope DELL goes to 110+ by earnings (so that the excanges are forced to open up the 120 '01s at least, may be the 125s as well) and then have a healthy drop (30% or so would be much appreciated) so that a few true OTM LEAPS calls with leverage become available. Fondly hoping, -Apratim.

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