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


To: Patrick E.McDaniel who wrote (78243)11/11/1998 4:37:00 PM
From: Gabriel008  Read Replies (4) | Respond to of 176387
 
I sourced this possible DELL Whisper number from an article in the street.com re. the CBOE traders;

"The other tech story of the day was in Dell, which is expected to release earnings Thursday. Traders of every sort poured into the Dell action at the American Stock Exchange, creating activity in the calls and puts, traders said. Dell options traffic even outpaced Intel (INTC:Nasdaq), which forecasted a stronger-than-expected fourth quarter.

Word among traders is estimating that Dell's earnings are going to top analysts' 27 cents consensus by about a nickel. Implied volatility has run to about 80% according to one trader who follows Dell, a typical level for a pre-earnings day. "Everyone's just waiting for Dell's earnings -- volatility started spiking yesterday," the trader said.

Volume was the heaviest in the November 65 and 70 calls -- with Dell up 2 1/6 to 72 5/16 at midday. The November 65s traded 6,300 contracts and premium climbed 1 1/2 ($150) to 8 1/2 ($850), while the price of the call at the 70 strike price rose 1 1/8 ($112.50) to 5 ($500) on volume of 8,500 contracts."

It sounds to me like the Whisper may range from $0.31 to $0.32. At least that's what the options traders think.



To: Patrick E.McDaniel who wrote (78243)11/11/1998 4:40:00 PM
From: jhg_in_kc  Read Replies (1) | Respond to of 176387
 
the error is the October/July which is even a larger error than October/September
I do not understand what you are saying here. (that July is out and October is in?)
please clarify.
jhg



To: Patrick E.McDaniel who wrote (78243)11/11/1998 4:48:00 PM
From: D. Swiss  Read Replies (1) | Respond to of 176387
 
Pat, so in other words you are saying $.40/share tomorrow? <vbg>

:o)

Drew



To: Patrick E.McDaniel who wrote (78243)11/11/1998 5:36:00 PM
From: jim kelley  Respond to of 176387
 
Patrick,

I know. July was probably about 600k units.
October is probably more than 700K units.
This yields an estimate of 2100 K+ units for the quarter.

This should correct the faulty Dataquest and IDC data.