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

To: SecularBull who wrote (35063)	3/21/1998 10:08:00 AM
From: Gabriel008	Read Replies (2) \| Respond to of 176388

LongonDELL, MM's have this nasty habit of turning calls & puts into worthless paper when they have the opportunity to manipulate a stock price. And, this options expiration period was classic in terms of opportunity. Re. the issue of selling covered calls I don't believe DELL will crash through its previous high [$143 7/8 pre-split -$72 post-split] until close to or after earnings. In my view the only way it could do this is by announcing a major share buy-back and INTC & CPQ both reporting better than expected earnings. BTW, here's an article I picked up this morning that provides a sneak peak into next week. "U.S. Stocks Likely to Rise on Cash Flooding Into Buoyant Market" Money managers are scurrying to invest in U.S. stocks so they don't fall behind a market that's risen more in three months than most analysts thought it would for the year. That means further gains are likely next week, even as analysts slash estimates for corporate earnings. Investors are flooding portfolio managers with cash, and it's ending up in the stock market. ''We're getting to the end of the quarter again, and a lot of fund managers don't want to show a lot of cash on hand,'' said Robert Freedman, chief investment officer for John Hancock Funds in Boston, which manages about $22.8 billion in stock mutual funds. The Dow Jones Industrial Average on Friday rose 103.38 to 8906.43, its fifth straight record and the first time the 30-stock average has closed above 8900.