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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: larry who wrote (11871)7/22/1998 12:36:00 PM
From: space cadet  Read Replies (1) | Respond to of 18691
 
Hi larry,

Glad to hear you did well on lu. I missed it. I am considering dell. Trying to decide on a strategy. Though I've bought "expensive" stocks like msft recently the options were nowhere's near as expensive as dell. The premiums on August options are amazing, and a little scary. So I'm trying to decide between just buying the stock and perhaps buying a spread like buy the Aug 120 and sell the Aug 130, something like that. Normally I would just swallow hard and buy the call but these prices are hard to swallow. Incidentally since I'm new to dell, when it goes into one of these swoons, how many days does it typically last. Also do you have any interest in csco at these prices?