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

To: PAL who wrote (55010)	7/29/1998 12:40:00 PM
From: SecularBull	Read Replies (1) \| Respond to of 176387

Please don't do it! You'll be very, very sorry that you did, IMO. LoD

To: PAL who wrote (55010)	7/29/1998 2:21:00 PM
From: tsyl	Read Replies (2) \| Respond to of 176387

I love selling the Aug 120's at 4. Dont know what stock price 4 equates to. Dell, as my may know, has been up at open past several days...best time to sell aroung 9:45. May increase your premium. Lets hope Dells goes past 120 by third Friday in August. Bets are iffy right now - so why not do as you are doing - sell risk (calls) to someone else. I have Sept 120's myself..hoping for 127 on or soon after earnings date.

To: PAL who wrote (55010)	7/29/1998 11:07:00 PM
From: Don Martini	Read Replies (1) \| Respond to of 176387

Hey, PAL, just got back from church, sorry I'm late. It depends on your objective. If Dell soars, as per usual, you may end up with no shares and much missed profit. Of course you can roll out the 120s to November or so and get more premium then. Personally I'm scared to sell calls against Dell stock till the day after earnings or the next split, when it usually goes down for more than a month. Unless the market falls out of bed I don't think this is the time to short Dell or sell covered calls. Probably a safer way to make the $4 is to short the 8/100 Puts. You can roll them out too, and you do not stand the risk of losing upside on your stock. I think the next few weeks will be enormously fruitful for Dell longs. Just MHO, PAL Good Trading! Don Martini