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

To: Voltaire who wrote (99033)	2/13/1999 11:40:00 PM
From: CRICKET	Respond to of 176387

Hard to say how this will wash out. Maybe positive move through lowering of interest rates will dominate over the heavy debt burden of the banks. We shall see. Keeping fingers crossed for a great trading week! Cricket

To: Voltaire who wrote (99033)	2/13/1999 11:56:00 PM
From: TechJustice	Read Replies (1) \| Respond to of 176387

Maybe this is all the beginning of DellGate. Our cast featuring analysts, their cohorts and the general public. I hope MD comes out and does something funny and original on Wednesday morning like sending all the analysts a free DELL computer loaded with NEW financial analysis software.

To: Voltaire who wrote (99033)	2/13/1999 11:56:00 PM
From: JBird77777	Read Replies (2) \| Respond to of 176387

RE: Selling leaps I was asked in PM about my current thoughts on this, and gave this response. I think this is consistent with your thoughts on it. Since I have realized that the deltas on leaps are higher than I had thought they were, I have changed my approach and will probably only sell leaps under one circumstance. That is, in response to a margin call. The reason is that, if the maintenance requirement is 30%, and the margin call for example is $10,000 (cash), then it is necessary to sell $10,000 / .3 = $33,333 of stock to meet the call, but one can meet the call by selling only $10,000 worth of leaps (provided that the leaps are out-of-the-money). This also allows one to avoid triggering a capital gain that would happen if one sells the stock. When my portfolio recovers and I again have buying power, I will buy back the leaps. This will cost more money, but the loss will be less than if I had sold $33,333 of stock (and lost the subsequent appreciation on the $33,333 of stock). This also has the benefit of generating a short term capital loss for tax purposes, which can offset any short term capital gains I might incur in other transactions. JB