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

To: Joseph Francis Torti who wrote (74804)	10/27/1998 9:41:00 AM
From: freeus	Respond to of 176387

Buy Feb 70 calls. They're still fairly cheap. And LEAPS when Dell goes down after earnings. We told you dont sell until the earnings run up! Freeus

To: Joseph Francis Torti who wrote (74804)	10/27/1998 11:59:00 PM
From: Ken Beal	Read Replies (1) \| Respond to of 176387

Hi Joe, Living up to your self-applied name? ;-) As freeus said, you should have waited until after earnings to sell. But since you already have, a good strategy would be to jump into some calls tomorrow morning. The Nov 70s, as freeus mentioned, look good. But I'd play with a little more -- use perhaps 25% of what you sold to purchase a number of different contracts -- Nov 70, 75, 80; Feb 80, 85, 90; May 95, 100, 105. (But now that I looked, the highest I saw for Feb and May are 75s -- see for yourself at cboe.pcquote.com .) Note that I'm specifying earnings months to purchase calls for. And of course, load up on LEAPs -- you'll get more bang for your buck by using the other 75% to buy LEAPs instead of re-purchasing the stock. (Me, I'd split it 50/50, but I like risk.) So I really didn't say anything more than freeus; at least I added the link to the CBOE Dell option chain. ;-) Good luck tomorrow, KenB PS Note that I am not an investment advisor -- you should do your due diligence.