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

To: Lucretius who wrote (1358)	7/30/1998 6:44:00 PM
From: Chuzzlewit	Respond to of 2578

Unfortunately I'm still in the oil patch and now its a matter of stubbornness more than anything else. I'm about break-even with VRC but getting killed with the drillers. NASDAQ hasn't been crappy for me! I'm up around 70% for the year so far. It would be a lot more if HBOC and PSFT didn't decide to tank, but I've done well with DELL and ASND and TLAB and NETA. I'll take a poor rally like today any day of the week. I did sell some covered calls against my Dell position Aug 130's for $4.50 when Dell was trading at around $117. I expect them to expire worthless, and the $4.50 was very tempting. I think that Dell will come in at around $.50 this quarter and the stock will go to the mid $120s to $130. I still think your nuts screwing with gold. I check in here periodically to see if you guys have anything of substance to say regarding Dell. So far Dell looks like a mega-winner to me. If you're interested in a potential short on a very unsound balance sheet look at GBUR. It's a shame because they make such a good product! But the balance sheet looks like absolute crap! TTFN, CTC