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


To: Glen L. Peden who wrote (77468)11/10/1998 8:04:00 AM
From: Sig  Read Replies (1) | Respond to of 176388
 
<<<< Should I sell some of my shares after earnings and try and buy back in lower? We're expecting a bit of a dip, right? Or is that a
fool's quest?>>>>
Dell is much more of a (very rare) adventure than just a stock.
Very risky to sell it, check with Rosemary or Freeus on the difficulties of getting back in.
In Dec 1996 Dell was $58 sh, I took a trip to Houston and put a stop loss for 200 shrs at $50 and it got sold. Recognizing a big error,I bought it back within days for $57.
So adjusted for splits,I sold at $6.2 and bought back for $7
and that $1140 investment is now $13,600
About Dec of 1997,I sold 100 shrs at $96 (equivalent to $24sh)
to get some cash BUT bought two calls to retain the lost position
and that worked very well.
My advice is to try if possible to hold what you have and use any post-earnings dip for a buying opportunity.
And consider buying some Feb calls if you have to sell.
Sig




To: Glen L. Peden who wrote (77468)11/10/1998 9:28:00 AM
From: TigerPaw  Respond to of 176388
 
sell some of my shares and try and buy back in lower?
You'll never get a capital gain that way.
TP