Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elmer who wrote (75969)	10/18/1999 11:35:00 PM
From: Elmer	Respond to of 1573415

I was assigned 5000 shares of AMD today @ $20 for Oct $20 puts I had sold. With the premium I got for the puts and the premium I got for the CCs my cost is now ~ $18.5. Overall with all the put premiums I have collected over the months my cost is more like $14. I will sell OOTM CCs every month until these are called away. EP

To: Elmer who wrote (75969)	10/19/1999 12:37:00 AM
From: tejek	Read Replies (1) \| Respond to of 1573415

RE <<<Dell at <$35 is a good buy.>>> Says who....Dell has been trading between 33 and 45 most of the year. Their growth is slowing in an industry whose margins are worsening. Everything depends on their ability to successfully diversify into other areas, a very difficult feat. I bought some at 37 for my 401 account and now regret doing so. When you were betting they would not fall back to 35, I was surprised. If they break 35, I don't think they will stop at 33 like last time. And remember they are a cyclical like intc....Q3 and Q4 is supposed to be their best quarters. Tomorrow should be very interesting. ted