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

To: McNabb Brothers who wrote (28096)	1/21/1998 1:15:00 PM
From: Paul van Wijk	Read Replies (1) \| Respond to of 176387

Hank, With your strategy Las Vegas is better place to go on vacation. Sometimes you really make me wonder. I have to tell myself over and over "Let him go, he know what he is doing, he is experienced etc". But still it is hard to see the logic behind your investments sometimes. But you deserve credits for your patience and coolness. No flip-flopping. As long as the story remains intact you stay with the plan. At this point I still need to improve myself. (Which I'm doing, don't worry). Good luck, I still hope that you know what you are doing. Paul

To: McNabb Brothers who wrote (28096)	1/21/1998 2:29:00 PM
From: Franco Battista	Read Replies (2) \| Respond to of 176387

Hank, just started building my short position on Dell prior to their earnings next month. It is interesting to note that although CPQ is up today, they are still way off from their highs. This is still a very nervous and very volatile market. Best type of market for naked calls, premiums are huge! CTXS is one of my biggest shorts, glad to see you are also in on this one. Sold some naked Feb. 85 calls on CTXS yesterday for 3 1\2, sold more this morning for 2 3\16. My other top shorts are AOL, AVNT, ZONA and YHOO. Doing well on ZONA and AVNT, and willing to wait years on AOL and YHOO (but I'm sure we will not have to wait that long!). On the subject of Dell, I am waiting to see if it makes a higher high or lower high from its last run-up. It would have to close above 96 for it to confirm a higher high. If it fails to make a higher high I will seriously increase my short position. What are your thoughts?