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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: wiley murray who wrote (52767)9/16/1998 12:10:00 AM
From: Trey McAtee  Read Replies (1) | Respond to of 58727
 
wiley--

are you insane<G>?

actually, we are still holding a lot of DELL long. i dont want to short one of the few companies with good earnings growth. beside that, my partner would kill me. she told me about a year ago, when i wanted to sell it to buy something stupid, that if i touched any of her 'baby' she would castrate me.

i dont want to be a eunuch<G>.

good luck to all,
trey




To: wiley murray who wrote (52767)9/16/1998 12:12:00 AM
From: waverider  Read Replies (3) | Respond to of 58727
 
FWIW I have puts both on DELL and MRK. How's that for guts?...or insanity. However, the bullish nature of DELL owners encourages me.

<H>



To: wiley murray who wrote (52767)9/16/1998 7:39:00 AM
From: Jack of All Trades  Respond to of 58727
 
Please short it heavily I'm holding DELL Sept puts....



To: wiley murray who wrote (52767)9/16/1998 9:35:00 AM
From: Gabriel008  Respond to of 58727
 
Shorting DELL beyond September expiration is not good for your financial health. I expect DELL to close in the $55 range by cob Friday. Next week, however, and through the October earnings period you can expect this stock to test $75.

The only thing that can derail DELL over the next few weeks is Compaq warning [again]. I wouldn't bet against that scenario since their Q4 estimates are over 40› vs a Q3 estimate of 7›.