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To: Zeev Hed who wrote (50694)	3/9/2000 2:26:00 PM
From: phbolton	Read Replies (3) \| Respond to of 53903

Filed at 2:02 p.m. EST By The Associated Press AUSTIN, Texas (AP) -- Dell Computer Corp. is warning the owners of as many as 400,000 notebook computers that their machines may contain defective memory chips. The problem -- involving Latitude and Inspiron computers shipped between Feb. 1 and Nov. 20, 1999 -- was discovered after Dell got a string of customer reports of computers freezing up and losing or damaging data. The Round Rock-based computer maker said that for customers who have a faulty machine, it will ship new memory chips overnight, or owners can send their notebooks back to Dell for a free memory replacement. Dell shipped about 1.3 million Latitude and Inspiron portables last year. About 400,000 of them, or 48 percent, were shipped during the period the defective memory was installed, Dell spokesman Rob Crawley said Thursday. Memory chips from other manufacturers were also used from February to November, so not every unit sold at that time will be affected, he said. The company won't know exactly how many are affected until all of the units have been checked, Crawley said. Dell is notifying customers by letter and in person. Crawley said customers should use a diagnostic diskette sent with the letter or download the program from Dell's Web site to test their notebooks. Dell is the nation's No. 1 personal computer maker, with $25.3 billion in revenue over the past four quarters. As for the cost of fixing the problem, ``it's a nit to Dell in terms of any impact to Dell's bottom line,' Crawley said. The affected models include the Latitude CPiA, CPiR, CPt, CPx and CS and Inspiron 3500, 3700, 7000 and 7500. OK, so who is the manufacturer?

To: Zeev Hed who wrote (50694)	3/9/2000 6:35:00 PM
From: TREND1	Read Replies (1) \| Respond to of 53903

Zeev 109 is history ! Your call is better ! Larry Dudash

To: Zeev Hed who wrote (50694)	3/9/2000 7:46:00 PM
From: Land_Lubber	Respond to of 53903

Zeev, great call! Closed my MU Mar 100 calls today. I was at a customer site all afternoon and only had a brief opportunity to check the markets. I didn't want to risk a backslide while I was in a meeting (how many times has that happened? Don't ask!), so I phoned in an order to close them at market. Left a lot on the table as it turned out. Larry asked me to compare my next options trade to what would have happened if I had traded straight stock, so here goes (ignoring commissions): 03/07 1217 Bought bull call spread (March 100 @ 8.75 and 105 @ 5.875). Mu trading at 103.5. (Note, I actually picked up the phone to place the order at 1125, thank TD Waterhouse for the slipage). 03/07 1433 Buy to close MU March 105 @ 4.875 (closed short leg). 03/09 1535 Sell to close MU March 100 calls @ 9.375. MU trading at 106.125. Profit using options: (9.375-4.875)/(8.75-5.875) = 1.56 = 56% Profit using straight stock: 106.125 / 103.5 = 1.025 = 2.5% Tomorrow I will be looking for a top. I will either wait with cash until I see one, then buy April puts; or, buy an April bear put spread if it is still on an upward tear, planning to close the short leg when I see a top. Once we get some serious downside above us, I would like to short March puts against my Aprils. A strike of 85 should expire worthless according to the scenario. Land_Lubber