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

To: McNabb Brothers who wrote (24884)	12/12/1997 12:17:00 AM
From: hpeace	Read Replies (1) \| Respond to of 176387

Mc Bro....you sold them at the almost absolute top.... just lucky again...yep pennies away from the high of today.... 2.3/8 and 1 3/8's the funny thing is I probably own 50 times your positon in cpq puts.... I didn't sell covered calls since I can't afford to be called for any reason on 4 of the accts.

To: McNabb Brothers who wrote (24884)	12/12/1997 1:32:00 AM
From: Paul van Wijk	Respond to of 176387

Hank, As far as I can remember "the charts" told you in august that Dell was a great short. So you started shorting at 92. After 4 months Dell already dropped to 89. That is a profit of almost a dollar a month. At this moment you only need an extra 25-29 point drop to reach your 60-64 price target. If your manage to predict Dell's stockprice move as succesfull as you did in the past 4 months it will only take about 3 years before you reach your price-target. But you told us you are still studying, learning and improving yourself. I don't see how it will accelarate Dell's drop but you have showed us some of your "magic" before. So the big question is "will Hank cover in this century or not". I believe in you, as I always did, so I put my money on "this century". October 1999, just a wild ass guess. Hank, now for serious. I have to give you my compliments, you did a great job. It is not the profit that counts, it's the fact that you still haven't lost any money since your are short on Dell. That makes you a brilliant investor. I think that you deserve it to be called a true "Dellhead". That is about the biggest compliment that can be made to a Dell- short. Keep up the good work, continue to believe in yourself and your strategy and you will be rewarded. And if not, you can always sell your funeral-home! Wish you all the best. Paul