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


To: freeus who wrote (73191)10/20/1998 5:59:00 PM
From: TigerPaw  Respond to of 176387
 
Dell Calls
Nov $62.50 call selling DELL and rmbs $65.

I will probably buy the Dell back in a couple of days. They are off 1 point already. If Dell bounces right back I will wait a couple of weeks. My guess is a small bounce in the morning followed by some more profit taking over the next day or two before the earnings rally.

The RMBS is trickier. They are in a tax-deferred account and a sale at $65 would be a good profit anyway. I will probably let them hang as long as I can, perhaps even let them get called and buy the shares back the next morning if the price is unreasonable. (Rambus could shoot way up but will probably return back to earth in a few days).
TP



To: freeus who wrote (73191)10/21/1998 5:51:00 PM
From: TigerPaw  Read Replies (1) | Respond to of 176387
 
re Nov $62.50 call selling DELL and rmbs $65.
Looks like I'm back to juggling. I decided not to buy back in the A.M. so now they are back to the same price I sold. Oh well, I'm much happier to see Dell go up than to worry about short term skimming.

TP