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


To: Mark Catalano who wrote (31740)3/2/1998 7:38:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 176387
 
Sell half or so to cover your inital investment then hold the rest till Monday and sell.



To: Mark Catalano who wrote (31740)3/2/1998 8:46:00 PM
From: AlanH  Respond to of 176387
 
Assuming you're bullish, have you considered rolling into Apr or May? The Mar 140's (DLQCH) are overvalued, particularly relative to DLQEH. Unless DELL moves *swiftly* above 145, you're in for more pain. In order not to lose sleep, you might consider straddle or strangle as defense -- again, being wary of Theta.

Also, have you established stops? Mental stops are good, but in a fast market (especially on the Philly!) things can get out of hand.

Good luck.



To: Mark Catalano who wrote (31740)3/3/1998 1:41:00 PM
From: David E. Taylor  Read Replies (2) | Respond to of 176387
 
Mark: You'll get as many different pieces of advice on what to do as there are posters on this thread. If it's any help, I just sprung for some March 140 calls myself at the opening today (plus some trading shares), using some of the profits from offloading the last of my DELL trading shares yesterday at 142. I anticipate a short breathing space here, then back to 140 plus by Friday or Monday. The calls I bought today will be gone by Monday at the latest, earlier if DELL hits 140+ before Friday.

Good luck.

David T.