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

To: powershred who wrote (57756)	8/12/1998 1:50:00 AM
From: Patrick E.McDaniel	Read Replies (1) \| Respond to of 176387

power, you went out with a bang! Personally I hope Dell runs before the 17th! :o)

To: powershred who wrote (57756)	8/12/1998 3:02:00 AM
From: William C. Spaulding	Read Replies (1) \| Respond to of 176387

I will load up on the 17th with the nearest August and September calls ($105s, & 110s). 3 days to fly...or crash. You will probably crash. These options will be expensive right before earnings and will decline in value considerably, once earnings are reported, because of greatly reduced demand, even if the stock went up. No matter what Dell reports, the stock price isn't going to take off. I see 115 as a top for Aug. It will probably peak on Tuesday before earnings, then will start declining on Wednesday. Also, Sept calls are definitely not a good deal. Even if the calls did appreciate, they wouldn't appreciate nearly as much as the Aug calls, and since Dell will be declining for the rest of the month after earnings, your calls will diminish in value, because both the stock and the time value will be declining. This is just an opinion, of course. I could be wrong. From what you wrote in your post, it doesn't sound like you should be gambling with options.