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

To: edamo who wrote (99581)	2/15/1999 3:06:00 PM
From: Kayaker	Read Replies (1) \| Respond to of 176387

Edamo, thanks very much for your note. I'm fully invested right now, but will try to lighten up over the next while and give put selling a try. Dell (also CSCO) does look like a great put selling opportunity right now. My inclination is to sell puts on some of the quality, more volatile stocks like ATHM and BRCM and use the proceeds to buy shares or LEAPS on less volatile stocks like EMC and WCOM. I have some difficulty determining the rate of return. I know my broker's collateral requirements for put selling, but feel the need to have close to 100% cash in case of assignment. I know I can roll forward, but my fear is being away from my computer on a day like Oct 8 and coming back to find I've been assigned on everything, and not having the required cash.

To: edamo who wrote (99581)	2/16/1999 9:12:00 AM
From: Jill	Read Replies (1) \| Respond to of 176387

Sort of OT for Edamo re: Options, Market and Dell Edamo, in writing puts and "keeping it simple" what do you think of the following post from an options trader on the CMGI board--it was post 4816: "In regards withj market, it's not that simple...A/D line is steadily deteirorating, new lows 152, in order to have positive market it should be 30 or better, VIX index, very low 29.4 which is typical for tops, in october when we mae bottom it was 60.6, amount of bulls 67.8 also typical for tops, put/call ratio very negatie so despite buying dips its just the matter of time before we will go to 9100-8700 DOW, Nasdaq comp 2000-1900, and OEX under 600, of course if Dell will deliver we may stetch it, but they need to beat 34c whisper handily and bring revenue above 5.5 bil and at conference confirm that they will continue to grow at 50% clip...It will be tough..." First of all, is this kind of analysis meaningful? Do you use it? And does the whole market turn on Dell that way, and are they required to do exactly what she says? Also, what do you consider a down day for writing puts on something like Dell? Was the selloff Friday down enough or would you wait until further possible selloff today? Thanx baseball coach! Jilll