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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (140508)	8/25/1999 3:55:00 PM
From: stockman_scott	Read Replies (1) \| Respond to of 176387

Venkie: When I have been saying..."See you in the 50s", I meant it..!! DELL continues to develop momentum this week and its looking better all the time. New highs may be achieved sooner than some of us expect. I sure wouldn't bet against MSD right now. BTW: My EELN is surging.....I re-loaded this morning in the low 30s....now they have a great new alliance with Bank of America and have diversified their revenue streams by moving into the car finance arena. DLJ has a price target of $70 and I think that's conservative <G>. EELN is an online finance Gorilla and the BIG money and SMART money is starting to realize this. See you in the 50s..!! Best Regards, Scott

To: Venkie who wrote (140508)	8/25/1999 4:37:00 PM
From: freeus	Respond to of 176387

But there are ALWAYS corrections!!!!! Hard to predict however, I agree, bought 10 of those calls back at a big loss and still have 20 that I hope will go down a bit for a few days. Now for you, or anyone, can you tell me if I'm mathematicallizing this correctly? I bought Triquint Semiconductor at 60 and sold cov calls for Nov at 60 and got $9.50 for them...didnt figure it would spurt up so fast. It split 3 for 2 and my 5 cov calls stayed 5 cov calls but now control 150 shares instead of 100. TQNT, because it split, went to 40 but now its 55 or so. My calls (if I'd been paying attention during my Alaska vacation I could have bought them back at a big gain) now are at a loss...I dont know how to handle cov calls do I? Anyway yesterday I bought one call back at 18 1/8, a loss of about $9. However the stock was 55, which is $15 most than the 40 it would be taken from me in Nov, so I really "made" about $6 if the price stays there. Is this math correct? Anyone? Of course I know I locked in the loss but have not locked in the gain because I didnt sell the stock: since it is in an IRA if I buy back another call and sell the stock, I am making a gain, arent I? Freeus