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


To: Swede who wrote (34844)3/18/1998 6:46:00 PM
From: Mark Sanders  Read Replies (2) | Respond to of 176387
 
I just bought back the DELL March 62.5 Puts at 5/8 (I had sold
the pre-split March 125 Puts for 4 3/8 two weeks ago). Good profit,
considering I put no money on the table up front. For those of you
who are interested in pocketing extra money while risking buying
DELL at 4 or 5 points below the current price, this Put strategy
is for you.

As far as where the stock goes from here, I think it will close
around 62 1/2 on Friday (with options expiration and all). Next
week, DELL could be dragged down further, as there is no options-
expiration phenomena to hold it up. Perhaps 55 would be the next
good strike price to sell April Puts (or even buying the stock).

Mark



To: Swede who wrote (34844)3/18/1998 7:25:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
Swede, Dell looks good to me. The Asian exposure is interesting. Dell is just starting to build a plant in China. They are also currently building in Ireland and another in Austin. These are the most bullish indicators I could think of.

As to entry points, I'd punt. I gave up on that sort of thing a long time ago.

Regards,

Paul