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

To: Eddie Kim who wrote (42179)	5/15/1998 12:13:00 AM
From: Dr. D	Read Replies (1) \| Respond to of 176387

The stop loss is to protect one from any considerable decline in DELL. If I sell and buy puts than I am banking on DELL's decline. Why would I want to do that when this stock is clearly on an uptrend? Perhaps I misunderstood your post. The message I replied too mentioned nothing about Puts. I thought you were referring too Stop Loss. My point was simply to demonstrate the miserably luck I have experienced using stop loss orders. So now, I don't use them at all. If I feel my stock will decline substantially I sell it. I keep my Dell stock in my Roth IRA. Since I have no tax consequences there is no motivation to hold in the face of a downturn. Don't misunderstand , I am not implying that to be the present scenario. These Bears used to really get under my skin. But now I find them very entertaining. Best regards.. Donald

To: Eddie Kim who wrote (42179)	5/16/1998 10:40:00 PM
From: rudedog	Read Replies (3) \| Respond to of 176387

Eddie - Speaking of stop losses I got stopped out of 40% of my Dell position on Friday. I had been pulling up stops on 60% of my holding, 20% each at 10, 12 and 14 points below wherever it was when I placed the stops (this looked like it was outside the daily swing). If I sold at anywhere near the stop I would more than cover my original investment and still maintain a good position with the other 40% I had to go out of town (WAY out of town) on Wednesday, got back on Saturday. On Wed the stock was over 98, looked like it was heading for 100, so I pulled it up a little, put in 20% at 92, 20% at 90 and 20% at 88, figured maybe the 92 would trigger but there was no way any of the others would get hit. Well much to my saturday morning surprise, both the 92 and 90 popped. Oh well, guess I'll just have to take the money... I don't think I will put that money back into Dell for a while, I want to see how the earnings affects things and let the stock get back to an even keel. The 40% I took out is nearly as large as the whole of the original investment. No sense in being greedy.