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

To: dennis michael patterson who wrote (49179)	6/27/1998 9:29:00 AM
From: Ben Antanaitis	Read Replies (1) \| Respond to of 176387

dennis, You are certainly allowed to interpret DELL's open interest picture in that vein. All I know is that currently, and things can change over the next three weeks with all the earnings reporting that is going to go on in the sector, the July'98 open interest value spectrum says that the maximum number of contracts will expire worthless if DELL is $85 on the third Friday in July. I am not making any predictions here, only offering a thought point... but if CPQ, and/or IBM and/or HP and/or gateway and/or whomever else in the PC box business reports disappointing, slowing or disastrous results in their PC businesses, don't you think that the entire sector might be taken down 5 or 10%. I believe that DELL doesn't report till August, so it will only be 'Teflon Mike' to keep DELL out of a sector kill, if he can make statements and appearances during DELL's 'quiet period', if they have one. OR did the 'Asian PC slow down' go away while I was doing the Max-Pain charts? ;-)) Ben A.