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Technology Stocks : Dell Technologies Inc.
DELL 126.42+2.8%Dec 19 9:30 AM EST
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To: Jerry Olson who wrote (101161)2/16/1999 8:51:00 PM
From: Uncle Frank  Read Replies (2) of 176387
 
Thanks for checking in, OJ. The report was a disaster, but since I'm not a margin player, it didn't kill me, just ate up some undeserved profits. It was a profitable experience in two other another senses:

1. I learned that no matter how deeply I research and no matter how strongly I believe, I have to cover my butt.
2. I learned that options can be a harsh mistress <g>. I have much greater respect for you practicing this trade successfully.

Do you think there is merit in selling covered calls on dell to offset the predictable drift down?

Frank

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