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

To: Trebor who wrote (79941)	11/13/1998 2:51:00 PM
From: Dalin	Read Replies (1) \| Respond to of 176387

Re: Dell rebounding? Only if we don' t go to war and the feds lower again, otherwise I think we're in a range for awhile. JMO D.

To: Trebor who wrote (79941)	11/13/1998 3:24:00 PM
From: Mohan Marette	Respond to of 176387

Bob: I am sorry I have no clue,I am sure someone will come to your rescue.<eom>

To: Trebor who wrote (79941)	11/13/1998 3:25:00 PM
From: AlanH	Respond to of 176387

Bob, re:DELL Nov 60 calls Of course, it's tough to predict how Iraq, FOMC, etc., will impact DELL. All things remaining equal, some premium will melt over the weekend. So, you might consider: a> Liquidating (duh!) b> Rolling into DEC calls or c> Spreading into DEC calls Option "c" isn't for everyone, but is worth noting. If your account supports option spreads, the following is possible: Suppose you hold five NOV 60 calls. You could sell ten NOV 60 calls, and purchase five DEC 60 calls -- hopefully for a credit! Although you would have sold five NOV 60 calls which you did not own, these would be covered by the newly owned DEC calls. (Your broker will require margin, generally ~$5K.) Now, let's examine some possible "c" outcomes at expiration: i> DELL @60. NOV calls are worthless, you pocket the premium and still hold DEC 60 calls. ii> DELL @65. NOV premium has evaporated completely, NOV calls are worth less than your sale price, yet DEC premium remains largely intact. ii> DELL @70. NOV premium has evaporated completely, NOV calls are worth more than your sale price, and DEC calls are worth more than your purchase price -- yet the spread may have slipped slightly. Hope this helps. Regards, Alan

To: Trebor who wrote (79941)	11/13/1998 5:09:00 PM
From: Billy	Respond to of 176387

Anybody got a fork ? I need one to stick it in this overdone DELL carcass that's been sittin' in the oven for about a week. Too bad anyone held any calls over the earnings, but if you want to check my previous posts, I was warning that calls should be sold prior to announcement because there was no way they were going to make the whisper numbers (as high a .35). This one was real obvious, even the shorts didn't run for cover on the last day. Next move is on the FED. Wait for the announcement on Tues. (if it comes before the close) and then play the DJX NOV 90 Calls if the lower the rate by 1/4 or if they do nothing, buy the NOV 89 puts. They're both cheap because of expiration week and it's bound to move big one way or the other. Warning! Don't try to outguess the FED. Wait 'till after the announcement, then act fast.