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


To: Ben Antanaitis who wrote (49171)6/27/1998 9:03:00 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 176387
 
Ben: I have a different read. I would bet that lots of folks sold calls at 85 just before the recent spike up to 95. As I am sure you recall, the level of despair in the tech ssector was quite high. Only a few weeks ago, Dell was selling for 80-85. Do you really think with the strength in the NAZ that Dell is going back to 85 on epiry day? I doubt it. In fact, all these calls being sold by MMs means that they will have to buy stock to cover them. My guess is that this will put upside pressure on the stock, in the near term.