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

To: McNabb Brothers who wrote (23430)	11/27/1997 1:30:00 PM
From: Meathead	Read Replies (2) \| Respond to of 176387

Re: "why are you not doing what you are preaching?" Hank, I don't need to gamble. I'm already very wealthy (something I don't brag about) and don't need to play options for income. I work in the high tech world cause I enjoy it but am planning on retiring at 40. If all my stocks loose another 50% in value between now and then, I'll still be able to retire. I just think it's odd that with all of the trading strategies I've studied and am aware of, why anyone would choose to implement the riskiest of them all. Quantification of the risk/reward ratio makes this clear. You should know that being 7000 shares short is fundamentally far riskier than being 7000 shares long so you just can't flip that earlier statement and say it's the same as what your'e doing only in reverse. Your posts state that you are on the short side of Dell by the equivelant of 15,000 shares. That's about 1.2M in repurchase obligations at 83/shr. You state that Dell only makes up 1.5% of you portfolio whcih would suggest it's worth about 80 Million. Say I'm off... leave out the options alltogether, you've shorted 7K shares at say 90/shr, thats 600k of Dell money in your account right now. At only 1.5% of your porfolio, then it's 40 Million Pretty impressive either way. With that kind of money, why trade at all, why not just retire unless you are addicted to gambling<ggg>? Anyway, my turkey is on fire and the family is here. Happy Thanksgiving MEATHEAD

To: McNabb Brothers who wrote (23430)	11/27/1997 1:45:00 PM
From: Venkie	Respond to of 176387

7000 shs peanuts<gg> Hank: Most of the longs have been there with you and very respecful.I hear the kettle calling the pot black You cause a lot of the controversy on the thread. You will be leaving soon and I will miss you but you dont need us anymore. I have the feeling that you covered last week and your just having a hard time admitting it You have really enjoyed the time here. How could you not since you have spent day and nite on the thread for quite a while. You are obsessed with dell and we both know you like this thread very much Most other bears are just pop in pop out and usually licking they're wounds. Eat in good spirits today and enjoy your family I'm at a friends who also is a dell share holder and has a lot to be thankful for. You sound like you have a big wonderful family...Just wait for grandkids to come. Buy them some dell stock now

To: McNabb Brothers who wrote (23430)	11/27/1997 7:42:00 PM
From: hpeace	Read Replies (1) \| Respond to of 176387

hank, you may have had 6 great yrs. buy just naked calls is an amateurs play. the professional play is a straight spread like I described. Join the pro's<ggg>....not that I'm one... but...your straight naked call is not a pro move if you have shorted stk too.... either buying a call and selling a higher strike call or the spread I described are the pro moves. get mcmillan ps. i've accidentially broken my email stds. a few times.. but, i've apologize ever time I did it w/o thinking.