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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?


To: Nick who wrote (1134)7/10/1998 11:33:00 AM
From: Lucretius  Respond to of 2578
 
note, the name of the thread. We're ALWAYS here. :)

I own LEAP puts, I'm sitting back and watching the topping process.

-Lucretius



To: Nick who wrote (1134)7/10/1998 11:36:00 AM
From: larry  Respond to of 2578
 
Nick,

I took advantage of the weakness today and bought back my July 95 covered calls. Judging from the action in the floor, some nice sellers is also taking advantage of the weakness and short the hell out of the issue. However, it seems that currently the MM is helping to push the issue up. DELL is definitely going to close at 105-110 by next Friday when MSFT annnounces earnings. I can't remember the last time when DELL broke the old high and don't make a substantial move.

larry!