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

To: SecularBull who wrote (59885)	8/20/1998 3:04:00 PM
From: Diver	Respond to of 176387

Here's the link: interactive.wsj.com You need to have a WSJ subscription but I'm sure they comped you to get your stock tips (LOL). Diver

To: SecularBull who wrote (59885)	8/20/1998 4:16:00 PM
From: jhg_in_kc	Read Replies (2) \| Respond to of 176387

To all, RE:DELL CALLS <There were tremendous profits to extract from Dell's August 115 calls. Many speculators bought the calls Tuesday on the correct assumption that Dell would issue a strong earnings report after the market's close. Dell shares opened yesterday at 120 13/16, compared with a 109 9/16 close. The calls closed Tuesday at 1 3/8 and opened yesterday at 6 1/4. from todays WSJ> Can someone explain to me how the trade described above works or refer me to reading source. How long do the calls last before expiring? Why would it be such a tremendous profit if they only go up 5 points? etc. I may try this next quarter, I don't know. THanks jhg