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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (2214)	10/27/1998 11:35:00 PM
From: lin luo	Read Replies (2) \| Respond to of 2578

LT, you should be responsible for what you said. :-) :-) Brazil's plan is bad for their country and the US markets probably don't like it. It is like to force a family of five to have a meal a day, instead of three. No new clothes for three years. No new computers ... ?>-0((--->? No DELL. :-) Anyway, it is very bad situation for that country. The US wants to bail them out because of a lot $$ involved.

To: Lucretius who wrote (2214)	10/28/1998 8:24:00 AM
From: Geoff Nunn	Read Replies (1) \| Respond to of 2578

LT, Weren't you were telling us as far back as last spring that you were holding Dell puts? Haven't most of these puts expired totally worthless by now? Although there may be some exceptions, as a rule Dell puts purchased during the past year have generated 100% losses for their hapless owners. Perhaps though, your puts haven't hit ground zero because they're leaps...that or you have been continually feeding a bottomless pit by replacing worthless puts. Why would you waste your money by buying long term leaps (if that's what you did)? You have repeatedly predicted the price of Dell stock is ready to collapse any day now. If that prediction proves correct, you will make more money in short term puts - not leaps, which have higher time premiums. Just curious... Regards, Geoff