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

To: Mohan Marette who wrote (50768)	7/11/1998 1:30:00 PM
From: jbn3	Read Replies (2) \| Respond to of 176387

Mohan, I think that if DELL is contemplating a split, the two most logical times to announce are at the shareholder's meeting or with this quarter's earnings announcement in August. Of course, we know that DELLs PR department is first rate, and they might hold something like that to provide some lift in a down market. I do not think that DELL will go down much, if any at all, between now and August earnings, but that it will have a tendency to climb, based on the possibility of a split announcement, and more importantly, on great sales and earnings figures. In answer to your question, for the same reason that I do not sell covered calls on DELL in the period leading up to an earnings announcement, I think that this is a good time to buy. (I even bought 20 of the August 130 calls yesterday, but that is VERY speculative). I do not think we will see a better opportunity to acquire DELL for some time, if ever. (Last Monday would have been better <vbg>) I'd watch the market open on Monday. If the futures are down, you might wait until they start to turn up again. But I would not wait past Monday. Actually, I told several people, both openly and in private, that I expected DELL to go up after the 4th of July. Which is why I sold the AU 100 puts and used the money to buy AU90 calls. REMEMBER: this is JMHO. regards, 3.