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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?


To: lin luo who wrote (464)4/18/1998 8:43:00 AM
From: Ally  Read Replies (1) | Respond to of 2578
 
>> If you really like to gamble options this time, you can buy AUG85CALL (around $3) @ market (get in by any means), and don't look at it again till the 3rd Friday of August. You may lose (like every
time), but you may have a good chance to win this time.<<

Hi Lin,

You've gotta be a mathematics university professor or PHD guy or, what I lovingly call a "brain head". I know, cause I never understand what the heck they're saying, although usually, they do say something useful, albeit, profound. Do expound please...

1. Why would I want to buy Aug$85 call when my view is that the stock will fall to lower pe sometime this year?

2. What information do you have for me to have the same confidence as you have to buy the call, not look at it, and wake up Aug 3 euphoric?

3. If I "may lose (like every time)" why would I want to do this?

What the heck are you saying?