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


To: powershred who wrote (1204)7/16/1998 7:21:00 AM
From: Lucretius  Read Replies (2) | Respond to of 2578
 
Obviously I've been early on DELL. That's obvious since it is still going up, but hence I've never shorted it. I own LEAP puts, and while some of them have dropped in value due to DELL's move, I have lots of time. I've found w/ MoMo high flyers like DELL, when the end comes you don't know it is for real until the stock has already lost 30% so I start accum. a position in puts and then hold it and wait for the kahuna. I have no doubt that w/in a year DELL will be below where it is now, but as for tomorrow or next week? who knows.......

No offense taken BTW :)