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

To: jhg_in_kc who wrote (57713)	8/11/1998 5:57:00 PM
From: Venkie	Read Replies (2) \| Respond to of 176388

Beta means...You beta buy more and Dell and you beta have faith<gg>

To: jhg_in_kc who wrote (57713)	8/11/1998 5:59:00 PM
From: Lee Lichterman III	Respond to of 176388

Beta is the the volatility of the stock in relation to the market. In the simplest example, you own 3 stocks. They are all 100 dollars a share. The market drops or goes up 10% The first stock has a beta of 1, it should drop or gain $10 a share The second stock has a beta of .5, it should drop or rise $5 The third has a beta of 1.5, it will drop or rise $15 Traders want high betas to take advantage of the wild swings, conservative investors want low betas for predictability. Beta can be due to sector, outstanding share volume, float etc. Hope this helped.

To: jhg_in_kc who wrote (57713)	8/11/1998 6:15:00 PM
From: Don Martini	Read Replies (2) \| Respond to of 176388

Hi, jhg! Beta is the ratio of the stock's movement to that of the market. Value Line gives Dell a 1.3 beta, meaning 130% in relation to the market. At this point, with all the momentum trading, day-trading and program traders I expect 1.3 is a low estimate. Chuzz may have more details for both of us, jhg.

To: jhg_in_kc who wrote (57713)	8/22/1998 9:10:00 PM
From: Don Martini	Respond to of 176388

Hello, jhg in kc!! Leaps are just longer term options. Print out a Dell option chart from CBOE and you will see Puts & Calls in the regular sequence up till February all of which have DLQ prefixes, Then you see 2 more series: January 2000, codes are LDZ++ These are options for Jan 2000 January 2001, codes are ZDE++ Options for Jan 2001, 29 months away The premiums are very high as there is great time value. Example: Jan 2001 ZDEAD [strike price 120] last sold for $44.12. This option has no intrinsic value but there are 29 months for it to appreciate. Look where Dell was 29 months AGO and you can see why this contract is a pretty good risk at $44. My play would be different: Buy the stock for 118 and sell the 130 PUT for Jan 2001 for $37.38. My net cost on the stock will be 81, providing Dell is over 130 29 months from now. It will probably be 150 post split by next summer. Then I can buy back the 2001 puts for less than $1 and sell some new ones for $40-50 at a higher strike. If I keep doing this and the stock is free! I just bought the Feb 99 Calls and sold the 140 Puts for a net debit of 9.00. I Dell is 140 or better in Feb I get the stock for 99.00 six months from now. That's 19 less than it is today. At that point I can sell some more puts, bring in another $30-40 and have a net cost of around $69 on a $160 stock [Assuming Dell is $80 post split then] I'm not advising you to do this. I'm not a stock broker and make no suggestions as to how you should handle your finances. Contains no aspartame or MSG, keep away from children! Best wishes, jhg Don