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

To: Mohan Marette who wrote (77204)	11/9/1998 1:25:00 PM
From: Billy	Read Replies (1) \| Respond to of 176387

Sorry to say guys (and gals), but ... The Whisper number is currently running at .35 ! Very high number that they can't possibly make. Therefore, what's the play? Buy the calls (NOV 70s) and sell them Thurs. before the close. The shorts WILL cover between now and then just in case they DO make those numbers. But, since that number is too far out there, the stock is bound to drop, not only for not making that number but also for the fact that the Market is extremely overbought AND the open interest on those calls ( and the other strikes) is HUGE. Most of those NOV 70 and 75s are bound to expire worthless. IF they (DELL) do somehow make that .35 number or better, there will be a real run post earnings, that will feed on itself because of all that call open interest that represents buying power upon expiration and call exercise day.