Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SuperSonics who wrote (33331)	3/9/1998 3:27:00 PM
From: SecularBull	Respond to of 176387

Trading Aug '98 55s, Jan '99 42.5s, and Jan 2000 65s, calls (even distribution). Probably unload August very soon. Probably unload Jan '99 later in year. Probably take delivery on 2000s. I AM A LONG TERM INVESTOR. I have a large block of shares that I have held since March '96, and do intend to hold them indefinitely (at this point). I can't put any more into DELL right now, because my DELL is such a large part of my portfolio. I'd be buying more if my percentages were lower.

To: SuperSonics who wrote (33331)	3/9/1998 5:30:00 PM
From: jbn3	Respond to of 176387

Supersonics, Yes, I am a very long-term DELL investor. But when I can see an earnings announcement coming, with a high probability of a simultaneous stock split announcement, something makes me say to myself, "Self, it is time to buy you some calls!" Now, I should've say, "Self, let's sell everything we got and buy DELL and DELL calls." I even sold covered calls last Friday, because I think that DELL may stay flat to slightly down for a month or so. Why? a) DELL has had a nice run-up on good news and a split b) there may not be any more outstanding news for DELL out (to move it up) until next earnings c) this current quarter tends to be a slow one d) we are moving into the earnings pre-announcement period: expect that we will experience the usual barrage of reports by companies which managed poorly, were overcome by things like Asia, etc. At some point the market usually does bend a bit. DELL may bend, too. e) tax selling. If you have followed the thread for a while, you will know that I don't do well on selling covered calls, however. At this point I am batting .250, hoping to improve my record. Regards, (and still DELLish) 3.