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Technology Stocks : Dell Technologies Inc.

DELL 129.98

-6.2%

Dec 12 9:30 AM EST

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To: PAL who wrote (118299)	4/17/1999 4:19:00 PM
From: edamo	Read Replies (1) of 176387

paul...<ot> brokers and puts... i've got a "choice" account (whatever that is) with morgan stanley dean wiiter..get excellent treatment,free lunches, shoe shines,(my broker actually mimics my trades for his personal account..he's on my side) not sure how they calculate, can access my account via internet and it shows my "available" credit line..silly as it sounds..credit line over the years has never dropped below 10% of my account (still have 10% available for margin or put writing)...i believe that the put selling strategy is a long term dynamic..and if you guess right...it allows tremendous growth in capacity...this week as i posted i closed out over a year old positions..but still own the stock which has appreciated, that i purchase with the proceeds...worst point in my account was 10/9/98..but still plenty of borrowing or capacity left... everbody's crazy paul (except us) remember three years ago...analysts predicted the end for kodak...fuji not only eating, but digesting their lunch...no body buying film..digital cameras the new wave...so what happened??? mental as i am..i agree with what has happened is akin to 10/97 and 10/98...buying opportunities..which in a six-twelve month period will create great wealth for those who have courage! keep the food down and the stamina up...ed a.

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