Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: kenneth neil cohen who wrote (101159)	2/16/1999 8:17:00 PM
From: thebeach	Respond to of 176387

Looks like you will bite the big one on these.I would take the loss and move on,maybe find a bottom point tomorrow and buy some more.

To: kenneth neil cohen who wrote (101159)	2/16/1999 8:24:00 PM
From: paul greenspan	Read Replies (1) \| Respond to of 176387

It depends on what you can get. Don't panic, decide what you think is going to happen between now and March. If you can get more than one or two dollars you may want to sell. If it is less than one dollar I would hold. James Cramer did an interesting article about not selling for too litlle money. Paul

To: kenneth neil cohen who wrote (101159)	2/16/1999 8:43:00 PM
From: James A. Shankland	Respond to of 176387

Definitely don't exercise an out-of-the-money option. Watch the price for the next couple of days and dump 'em for as much as you can get. If you're lucky, you might be able to get $2 for 'em. Your objective should be to sell these calls at their peak price between now and expiration. Ouch. I'm really sorry about your loss (I assume your pockets aren't deep enough to absorb a $30K loss with a shrug). I'm sure it's obvious to you in retrospect, but that was much too big a position to take on a speculative play, unless your net worth is in 7 digits.