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


To: freeus who wrote (62065)8/28/1998 8:49:00 PM
From: Jorge  Read Replies (1) | Respond to of 176387
 
freeus....I would hate to have been in margin in the small-mid cap stocks since April of this year, but the Blue Chipper Techs have not fared bad at all...I like CSCO real well for the long haul, and of course my largest holding, DELL.....I wish I knew the "exact" bottom for this OVERSOLD Market condition..I can't help but think it's close....I will go out on a limb (don't hold me to it) and say I think you will be o.k. with your margin.....Worst case scenario: You get some stock called away from you on margin call (assuming you can't add cash to your account), but in the long run you will make it up...I doubt you'd get that much (probably none) called away.

Again, I think we are getting closer to a bottom...I felt that yesterday's and today's Blue Chippers retreat is key to the psychology of a reversal...Fundamentally, I think we are oversold, valuations are not that far out of line, if not undervalued at this point.

Have a nice weekend.

Regards, George



To: freeus who wrote (62065)8/28/1998 10:41:00 PM
From: Perry Ganz  Respond to of 176387
 
Freeus & option players
I will hedge with options, as Bachman and Drew suggest, but I still havent gotten clearance from Fidelity
I got a little nervous today & sold covered calls (120's at 8.25)
Bought puts (110's at 3.75) both Sept.
My thinking was that Dell is usually flat to down right after it splits & the puts will protect me from the general market funk.
plus I made $450 credit per.
Any opinions
Perry



To: freeus who wrote (62065)8/28/1998 11:45:00 PM
From: Karin  Respond to of 176387
 
freeus, you stay away from margined trading. It is a risky business at these times. Dell is a great long-term holding and you can make good money.
Karin



To: freeus who wrote (62065)8/29/1998 2:09:00 AM
From: steve barneke  Read Replies (2) | Respond to of 176387
 
i had a margin at about 55% of my dell since may
i sold at 122 on the way up because lod said its risky and it is kinda of hard to go through a day with out thinking about it.
so now or was about 35%. now its higher. but i had planned to sell before split to get to 0%. now i dont know what is next, if it risers next week i can clear the debt. but my plan was to buy back in the 50's dollars after the split but now it might be at that after the split and go lower after the split. so just try to forget about it going up or down just bring the margin down. i have been told over again that margin is not a long term trade. so my three months is just about up, so i need to make a decision!!



To: freeus who wrote (62065)8/29/1998 7:15:00 AM
From: Wilson Picket  Read Replies (1) | Respond to of 176387
 
Here's your margin:

Margin = Equity / Market value
or
Margin = (MV - Debt) / MV



To: freeus who wrote (62065)8/29/1998 10:56:00 PM
From: yard_man  Read Replies (1) | Respond to of 176387
 
Options will buy you time only and premiums are high.

Sell what you need to get out of margin. Market has broken key supports. There are no "safe" stocks in a bear market. Preserve your capital. You will be able to buy DELL, CSCO or anything else you like much cheaper in 2 months, in 6 months, probably in 1 to 2 years.

If instead you use options to hedge, always be sure to roll down the puts very close to expiry.