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


To: Joseph Francis Torti who wrote (68508)10/1/1998 8:34:00 AM
From: Mohan Marette  Respond to of 176387
 
Well,good-forya.<eom>



To: Joseph Francis Torti who wrote (68508)10/1/1998 8:56:00 AM
From: divvie  Read Replies (1) | Respond to of 176387
 
You sounded so confident before! Stick to your convictions otherwise you may not be suited to this game.
If you own the stock, keep it. It will be worth much more in a couple of months. You should only keep tight tabs on it if you are shorting or buying short term options. Selling the Oct 70 calls looks safer, but why not buy some Oct 65s when DELL dips down this morning, and put in a limit sell for when it goes up? At the same put in a limit buy on the Oct 65 puts for that uptick if you really believe it will hit 60. Buying into a bearish position on the open is a bit risky today as the gap down is already 2 points so a cheap Call looks better IMO. If DELL does go up, even a dollar, you can sell at a profit especially if you have a reasonable sell limit. Also Greenspan is talking at 10am and he may slip in a favorable comment.



To: Joseph Francis Torti who wrote (68508)10/1/1998 9:31:00 AM
From: Venkie  Read Replies (1) | Respond to of 176387
 
This over valued stock....Why are you in the stock market?
Why did you buy Dell ?
Its the best stock in the world ..period..They are making $$ hand over fist....
Had you have bought at a much lower price then I bet you would have a different attitude..You may be screwed now...Sell at a loss and use it as a write-off..It is probably going back to the 50s but to short it is very dangerous..Its only money..and the market is very risky..
ARE.....Turn off your computer until next year and leave it a lone..



To: Joseph Francis Torti who wrote (68508)10/1/1998 2:00:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
Ah, the perils of being a trader!

Joseph, my best advice to you is this: hold your position. Dell is one of the finest, if not the finest, company in the world. Earnings continue to grow at unimagined rates, and indications coming out of last week's analysts' conference is that Dell will exceed 13% sequential growth (I know this because they said the were comfortable with 13%). The NASDAQ is getting killed right now but even in this charnel house Dell is only down a little over 10% from its all-time high.

If you remember October of last year, Dell had dropped around 35%, but there was nothing fundamentally wrong with the company. Had you bought at the high before the October crash that investment would have returned a mere 133% as of today.

So I give you the same advice I gave Freeus -- sit on your hands.

TTFN,
CTC