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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (7888)	8/20/1998 3:25:00 AM
From: MoneyMade	Read Replies (2) \| Respond to of 29382

BUY LBOR TOMORROW!!! MoneyMade

To: Sergio H who wrote (7888)	8/20/1998 10:28:00 PM
From: Amigo Mike	Read Replies (2) \| Respond to of 29382

Well Amigos, I unwound my "Best play for the next 30 days" - DELL. >>>> Got 200 DELL July 23 @ 105 1/2. Have 8 calls at avg 3 3/4 <<<< Sold my 200 shares @ 121 3/4 (profit of $3200 =)) and the 8 calls at 2 1/2 (loss of $1050 =(). I netted $2150 on the deal. While I am happy to have made this profit ...... I can only dream of what might have been if the market had been stable over the last month. IMO ... DELL would have been above $130 EASY .... and I would have been taking home well over $10K. Looks like the September calls may have been the better play as the premiums there have expanded wildly the last few days. I am very disappointed with EGNS these days. I am thinking about averaging down on this one as the next two qtrs are when it should get interesting. I wish I had a limit buy in at less than a buck today. I would have been real happy about that. Searching for a new play. I like the discussion on NEM and am hoping to get more APCO calls cheaply. Amigo Mike