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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (43339)5/15/1998 4:33:00 PM
From: AlanH  Read Replies (1) | Respond to of 58727
 
Dell: Next victim of the PC price wars?

IMO, DELL [the stock] is becoming a victim of several things. Last week, the action became too large on the radar screen to ignore. I established a hedged position, and legged out of the bullish side on Tuesday (5/12). In the last hour of today's trade, I was able to lock some profits by selling short MAY 90P, then covering.

Who knows what'll happen next week, but I wouldn't advise a synthetic long position. <g>

Cheers.



To: Stoctrash who wrote (43339)5/16/1998 12:23:00 AM
From: Darth Trader  Respond to of 58727
 
Great link, don't know if it has been posted yet, decisionpoint.com