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

To: Matt Kaarlela who wrote (85682)	12/16/1998 2:06:00 PM
From: Chuzzlewit	Respond to of 176387

Matt, I read the recent selling of MSD in the light of the creation and launch of his venture capital firm, rather than anything particular in the company's outlook. Generally, insider selling is a notoriously bad metric, because it is frequently prompted by tax considerations triggered by the maturation and exercise of options. I do view insider buying as generally bullish however. My feeling on puts is just that -- I have no direct experience with them, but I believe that Don Martini is an excellent source on puts. You might query him for some expert opinions. So what follows is strictly in the FWIW category. I would be sorely tempted to sell puts on Dell for two reason: first, I would like to own more Dell (I take my cue from Kemble on that!), but I would like to buy the shares at a more reasonable price. So, that brings me to my second reason: why not get paid for putting in a limit order? But I also view buying puts as dangerous (unless you are looking at them as insurance against your long position). The market is damned manic. Look at AMZN. Last I saw it was up around $50, and here is a company without earnings, and its loss is expected to increase next year! I would certainly consider put against a long position, but buying naked puts? Well, I look at Compaq as a crypto-Amazon.com It has no earnings, and I expect no earnings next year. It looks like it's heading for cash flow problems, but the stock is being bid up. Or am I missing something? TTFN, CTC