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


To: Jake0302 who wrote (95677)2/7/1999 6:25:00 AM
From: Jeffrey E. Klein  Read Replies (6) | Respond to of 176387
 
<<To: +ag (1478 )
From: +Jeffrey E. Klein Saturday, Feb 6 1999 6:49PM ET
Reply # of 1482

I am thinking about buying Dell Call Options with a March expiration. Anyone have an opinion about how far out a strike price I should select? I like low priced options. How about 125 or 130 or 135? Are these overly optimistic choices? Thanks! >>

I wrote the above posting on another thread yesterday. Does anyone have an opinion on my idea?

--Jeff



To: Jake0302 who wrote (95677)2/7/1999 8:07:00 AM
From: Labrador  Respond to of 176387
 
Great Post -- made my day -- thank you



To: Jake0302 who wrote (95677)2/7/1999 1:40:00 PM
From: OLDTRADER  Respond to of 176387
 
RE:JAKE:WONDERFUL -THANKS FOR YOUR EFFORTS.wbm



To: Jake0302 who wrote (95677)2/7/1999 2:14:00 PM
From: Mohan Marette  Respond to of 176387
 
To: Ken_Kasman@Dell.Nov 19,Selective disclosure-Why not Dell take the lead 4k


Jake:
You said: 'Plus, it appears Dell is going to share their Feb. 16th conference call with the world. At the address below is news and a link to hear their conference call over the web. This could be a great week to play DELL!'
www.dell.com/corporate/investor/earningscall/021699/

I believe this has always been the case but I have a problem with these other deal like 'analysts meeting' etc etc... Here is what I wrote to Dell in Nov.98.

Here is a copy of the email I sent to Ken Kasman,Investor Relations,Dell corp back in Nov.1998 about 'selective disclousre' of news to some.

BTW: Great effort on your part,thanks.
================================

"TO:Ken_Kasman@Dell.com
Sub:Selective disclosure-Why not Dell take the lead?
Date:Nov.19,1998

Ken:

As a Dell investor I wanted to say this for a long time and this pertains to the 'selective disclosure' of information in advance to a privileged group of people,namely the analysts and sometimes reporters.This put us individual investors at a clear disadvantage.I know there is no law that mandates public companies to do this but can't DELL take the lead and show the rest how it is done by providing access to these closed-door pow-wows that you have?

I think I am not alone in this as you can see from the attachment,only today Mr.Levitt SEC Chairman himself said so,I am taking his comments with a grain of salt since I don't see any attempts from the regulators to put a stop to this unfair practice.

Thanks for listening and I hope DELL shows some leadership here and make these 'meetings' available to the public simultaneously via 'broadcast.com' or some other means.

I very much like to hear DELL's thought on it if you don't mind.

Best Regards
Mohan Marette/investor

----------------------------------------------------------------
Excerpts for Bloomberg.

SEC Chief Levitt Says Selective Disclosure a 'Stain' on Markets

SEC Chief Levitt Says Selective Disclosure a 'Stain' on Markets (To listen to interview, TNI SEC AV )

Washington, Nov. 19 (Bloomberg) -- U.S. Securities and Exchange Commission Chairman Arthur Levitt condemned U.S. companies that reveal market-moving information to securities analysts before releasing it to the public. ''As far as I'm concerned, that's cheating, and it's a stain upon our market,'' Levitt said in an interview. ''We're clearly concerned about it, we're clearly looking for it.''

Some executives routinely exclude reporters from conference calls they convene with analysts and money managers who follow their companies. In some recent cases, stock prices moved more than 25 percent after companies disclosed information in private sessions. Sometimes, hours passed before companies announced the news to the public.

Levitt said this practice, known as selective disclosure, puts small investors at a disadvantage to institutional investors, such as pension and mutual funds, that have analysts to represent their interests.

The practice also can harm the integrity of U.S. markets, Levitt said. ''If some individuals or organizations are getting information that others are not getting, that means our markets are no longer trustworthy and no longer credible, and that can't be tolerated,'' he said...................
................................

Last week, Dell Computer Corp. excluded reporters from a conference call after the world's No. 3 personal computer maker reported fiscal third-quarter earnings. Dell is one of the most actively traded stocks in the U.S., with an average daily volume of about 39 million shares in the last three months. ''We just historically haven't included folks outside the analyst community,'' Dell spokesman T.R. Reid said at the time.
quote.bloomberg.com