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

To: T L Comiskey who wrote (71462)	10/12/1998 11:57:00 AM
From: JH	Read Replies (4) \| Respond to of 176387

Bought 20 Oct DELL 55puts @1-9/16 financed from partial proceeds of covered call sales. Possible dip here - target $55.

To: T L Comiskey who wrote (71462)	10/12/1998 12:03:00 PM
From: John Chen	Read Replies (1) \| Respond to of 176387

TLC,re:'57 7/16'. I hear you. When is the next 'option expiration day'? Be careful. Of course, if you are LONG TERM HOLDER, just hold, hold and hold. I think mid-40 will come again so I can have the taste of DELLicious. I'm too conservative to enjoy DELL, this thing is so dynamic, lately. Sure I missed the excitement of the latest DELL ride from low-40 to 58 in 2 days. Well, I'd rather missed the DELL-train than got run-over at this price. I'll dump my CPQ when this latest 'promising trend' stall. Fed is expecting to lower rate again,ie: problem ahead. Rubin said 'challenge', which I think he also meant 'problem ahead'. Fed officials have been spreading the messages: 'U.S cannot operate in vacuum.' ... 'we cannot be in oasis of prosperity alone' ... are they planting a 'trend'? Either way, I'm hoised. My 401k is a big fat 0 return if I'm lucky. Should I dump the fund and buy DELL?