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Technology Stocks : DELL Thread For BULLS and BEARS! -- Ignore unavailable to you. Want to Upgrade?

To: Paul van Wijk who wrote (25)	11/7/1997 7:08:00 AM
From: Tradegod	Read Replies (1) \| Respond to of 198

Every bear has his day! After dabbling on the short side for the past week and getting absolutely no where, I finally scored yesterday. I have been day trading the November 80 puts and shorting the stock. When you've been wrong so long, one tends to jump out at the first sign of profit. I'm afraid I did that yesterday. My puts went from 5 1/8 to 7 and I decided to enjoy a good day (plus it was my birthday) As I check the futures market this morning, my only regret is that I didn't stay short today, As I think it will open down as much as it moved on Thursday (2-3 points) Perhaps I will jump back in....

To: Paul van Wijk who wrote (25)	11/7/1997 9:20:00 AM
From: McNabb Brothers	Read Replies (1) \| Respond to of 198

Paul, <And I agree that the odds that Dell will drop below 70 are very small. You need a world-wide meltdown to reach your $60-target.> I think the odds of dropping below $70 get greater each day! With the weakness in INTC as of late, only tells me that their is a change of thinking taking place in the high tech sector that will spill over to all high techs! As far as a world wide melt down, if we have one I will revise my price targets down even farther on DELL! Hank