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Technology Stocks : Dell Technologies Inc.

DELL 122.55

+4.4%

Nov 21 9:30 AM EST

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To: PAL who wrote (112247)	3/25/1999 12:54:00 PM
From: Chuzzlewit	Read Replies (1) of 176387

PAL, I thought I said all of that. Maybe I was too wordy. Collateral is not the issue. Ignore it. The amount of money the position can lose defines the risk. Edamo's approach would improve if there were greater time value in the put, but still, it misses the much greater appreciation potential of the pure long position at prices above the striking price. Sorry for the confusion, CTC

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