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

To: jbn3 who wrote (47410)	6/14/1998 2:05:00 PM
From: Gabriel008	Read Replies (1) \| Respond to of 176387

JBN3, I almost pulled the trigger on my June 85 covered calls Friday but didn't get the price I wanted. I suspect that we will experience more volatility next week with the yen dropping even more. At this juncture I don't expect the Bank of Japan to intercede unless the yen drops even more sharply over the next few weeks. If they don't intercede the government may finally do something after the upper house elections July 12. In any case, with options expiration next week I think we'll see DELL under $80 and this will be the buying opportunity I've been waiting for [excuse the dangling participle]. With the Nasdaq having already corrected just over 10% since April, the market not reacting too negatively to CPQ's mild warning & already aware of INTC's warning, and the Fed not likely to raise rates July 2 I'm hopeful that the Nasdaq will blast through the previous high of 1931 in July and that DELL can break through their previous high of 98¬. All idle speculation of course but then you never know!