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

To: larry who wrote (50963)	7/14/1998 4:03:00 AM
From: space cadet	Read Replies (1) \| Respond to of 176387

Hi Larry, I'm finally home for a while, back to my old computer and can catch up on things again. I've been diversifying out of msft and just have my aug calls left now. I never managed to snare any dell though I agree with your prognosis. I will try to catch it later after a dip. Fortunately I am in other good stocks. I will probably sell my aug calls between 120-125. It might be interesting to try to buy some puts on msft at that point, though I'm not nearly as good so far with puts as with calls. What about you with puts? After the top tier stocks rally the second tier stocks should start to rise. Decent stocks in that ranking might be psft, lor, nvls even. Any opinions on these stocks? I kind of like them. I'm not too objective on yhoo because I should have bought it when it dipped toward 100 not all that long ago. But yes, 150-160 should be a great entry point if you ever get the chance. I'll be surprised if it dips that low but the coming correction could get pretty ugly for a few weeks so maybe. I'm actually much better buying calls than puts or shorts or even longing the actual stock. Guess with all the money I've made in the past few weeks I'll have to learn how to buy stocks ~;)! I could see msft heading down on friday on a sell on the news reaction. Incidentally, Mr. Dell has made noises about getting into the massive storage game, which has massive margins with it. Of course, cpq and sunw have already tried to get into that lucrative game but something tells me that Dell is a bigger threat and just might be able to do it. If so, then look for dell to keep beating the numbers for the forseeable future. I'm hoping for a great opportunity to jump on dell in sept-oct. I can understand day traders trying to time a quick short on dell or msft but anyone just sitting on shorts on these stocks is not all there IMO. Certainly the money in their wallets will shortly not all be there at least.