SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: space cadet who wrote (51115)7/14/1998 5:06:00 PM
From: larry  Respond to of 176387
 
Space cadet,

Like you, I am also not that good at buying puts than buying calls. I have been 100% correct in buying calls, but only about 75% times correct at buying puts. So I quit buying puts late last year.

I definitely believe that MSFT will be hit with profit taking if it closes above 120. ASND is already hit by profit taking even before the announcement. Another stock I followed, APEX, which beat first call by 16%, promptly opening up only to close down more than 1 point. And to make things worse, INTC missed the number!

MSFT report should give the market a boost. However, in order to do so, they will have to beat first call by 3-4 cents. MSFT certainly has the ability to do so, but I am not sure whether Mr. Softie is willing to report these kinds of numbers.

DELL will probably be down tomorrow on light profit taking, especially if CPQ report is less than steady. I expect DELL to close at around 105 by Friday. Look for weakness in DELL as entry point. You can make more $$ with DELL than with MSFT, simply because the price movement is bigger, percentage wise.

good luck,
larry!

Right now, I expect that most of the companies will experience profit taking after they beat first calls.