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


To: Lucretius who wrote (68078)9/28/1998 9:51:00 PM
From: Jim Bautch  Read Replies (2) | Respond to of 176387
 
LT,

Great observation about the volume!!! I, too, noticed the lower than average volume over the last few weeks, and was going to post to get others opinion. My take on this is that there is little support at these levels due to lack of significant volume. I was on the Bloomberg today and pointed it out to a friend of mine. Someone is pumping this thing up. I took a chance and shorted DELL in the "channel" today and made a quick point and covered. But will be looking to get in again on any weakness. Nice to see someone thinking along the same lines. Its just a matter of time.

Tico.

BTW, when the time comes, rest assured I'll plow alot more $$$ into my initial short position. Just dabbling as of now.



To: Lucretius who wrote (68078)9/28/1998 9:53:00 PM
From: Cyberacer  Read Replies (3) | Respond to of 176387
 
TO ALL,

I don't know if I like this. Any comments?

Federal Filings Newswires

18:12 Dell Computer CEO Dell Registers 4M Co Shares


ISSUER: DELL COMPUTER CORP.
SYMBOL: DELL

WASHINGTON (FFBN) -- Michael S. Dell, founder and chief
executive officer at Dell Computer Corp., has registered to sell four
million shares of the company's common stock, according to a Form 144
released today by the Securities and Exchange Commission.
According to the filing, Dell intended to sell the shares
over-the-counter on September 24. Goldman, Sachs & Co. was listed as the broker for the sale.
As reported first by Federal Filings Business News, Dell last
month sold a total of 2,100,000 million Dell shares.




To: Lucretius who wrote (68078)9/28/1998 9:56:00 PM
From: KHS  Read Replies (1) | Respond to of 176387
 
just buy it and hedge short term with a put



To: Lucretius who wrote (68078)9/29/1998 2:52:00 AM
From: Tumbleweed  Respond to of 176387
 
The reason that I have not particpated in DELL, is that because of the mania nature of it, one never knows when the party will just up and END one day, not allowing one to exit.

BUT Lucretius, my understanding is that you have participated, by buying leap puts? (or something else that is a bet that Dell will fall? ) and therefore must be down 50% since you bought them 6 months ago. (Or more, I dont know how these things are leveraged. But presumably Dell will have to fall even more than you first calculated, for you to make a profit, since it has already risen way beyond your wildest hopes. Dell would now have to fall 50% for you just to break even, would it not?

BTW, if, as you point out, you dont know when the top will be, why do you keep making pronouncements on when it will or has occurred ,in a 'definite tone of message'. For example, you made confident 'top' announcements at 100 (presplit), 60, 65, 66 etc. You also made confident announcements that the top will be 'today', 'this week', 'next week', 'end of next week', etc.
Do you just plan on making a weekly scheduled announcement based on the price at the time of announcement?

JoeC