Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: john krom who wrote (60056)	8/21/1998 10:27:00 AM
From: DoggieDude	Respond to of 176387

There's a lot of money in the options arena that says no. Dell will stay below 120 today and some MM's may try to get it down below the 115 level but I doubt that will happen.

To: john krom who wrote (60056)	8/21/1998 11:35:00 AM
From: William C. Spaulding	Read Replies (2) \| Respond to of 176387

Dell will continue to decline for the rest of the month and the beginning of next month, regardless of split announcement. It will probably stay above 100, but Sept call holders are going to lose a lot of value in the meantime. Best time to buy Sept calls is at the beginning of the month, and, in spite of the split, there may be some weakness the week of Labor Day, so this may be a good time to buy more calls if that happens. To All .........Will DELL recover by this afternoon close??? Still holding Aug120 calls. Dell may recover somewhat before close, but probably won't rise above 120. Call holders are exercising their options and immediately selling on the open market so that they don't have to fork over the cash. This depresses stock prices. If I were you, I would sell now, simply because the time premium is declining by the minute. You could take a chance and wait for it to rise, but if it doesn't, then you'll lose your entire investment.