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To: Detail-MD who wrote (120)9/24/1999 7:33:00 PM
From: Wyätt Gwyön  Respond to of 35685
 
I lost over $60,000 on DELL options due to the Dan Niles thing.
I know people who did worse, if it's any comfort. But really, it was Ashok Kumar, not Niles. Niles just gets all the credit.



To: Detail-MD who wrote (120)9/24/1999 7:44:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 35685
 
>> I lost over $60,000 on DELL options due to the Dan Niles thing. So I remember it well.

I did as well and have been trying to forget it ever since (but my wife won't let me). But I learned a valuable lesson: Never hold short term options through the earnings report!!!!! And I never will again - even for Q.

uf