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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: dmd who wrote (8262)8/18/1998 8:24:00 AM
From: Herm  Read Replies (4) | Respond to of 14162
 
Dell has been climbing for so long straight up it is hard to imagine otherwise. Well, that is exactly a perfect paradoxical reason to buy DELL PUTs like you indicated. $85 would be a good pull back price. A pull back now would be very healthy for DELL.

NASDAQ: (DELL : $110 9/16) $72,183 million Market Cap at August 17, 1998 Ranks 174th in the Fortune 500 on Revenue & 156th on Profit. Employs 10,350. Trades at a Premium PE Multiple of 56.1 X, vs. the 26.3 X average multiple at which the Computers SubIndustry is priced.
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