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: Walt Corey who wrote (41785)	5/13/1998 12:22:00 PM
From: FlyersFan	Respond to of 176387

I received information from someone I know who subscribes to an Investment newsletter who's main purpose it to predict splits based on analysis. So far, these people have been right and they are saying they believe Dell will announce a split near the end of the month (I believe) Don't quote me on this, but I am trying to get an email copy of this newsletter and post it on this board. I may not be until tomorrow though! Flyers Fan

To: Walt Corey who wrote (41785)	5/13/1998 12:22:00 PM
From: jbn3	Read Replies (1) \| Respond to of 176387

Walt, You can try rolling out. IF you sold June calls, and they are far enough in the money so that you would not have a profit covering them, you can consider the following: 1) Wait until expiration date, so that time premium is minimized. 2) Buy your calls back (cover to close your position), even if at a loss. 3) Immediately sell calls at the same or higher price: Example, DELL is trading at 110, you cover your position by buying the calls back at 15. Now sell covered calls at the nearest expiration and strike which will give you $15 per share. If the stock dips, cover. DANGER: The stock (DELL, anyhow) may continue to go up especially if they do announce a split. This will allow you to keep the stock for long-term capital gains purposes, but give you a bit more time to wait for a dip. You need to do some serious options research and learning. I recommend William Spaulding's home page as a start. Regards and good trading, 3.