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


To: Uncle Frank who wrote (102055)2/17/1999 4:28:00 PM
From: Frank Ellis Morris  Read Replies (1) | Respond to of 176387
 
Good Afternoon Frank, I guess looking back just a few session, yes it would have been great to have sold cover calls on Dell when it was 108 but that is hindsight. In spite of the pounding the techs took today, I see one little glimmer. I really did not think that Dell was going to stay above 80 but I get the distinct impression that this is where the big boys wanted to take it. Look at Microsoft and Dell as they seem to be moving together. If Microsoft is not a steal right now then I just don't understand anything.

To answer your question, I would not be comfortable with selling calls on Dell at 80.
Do you remember when so many used to get burnt trying to short Dell?? When Dell splits that stock, I am going to need a tractor trailer to store all my shares. Maybe I should not have so many eggs in one basket but the same is true for Microsoft too. I am just riding out the storm and at this point I am tired of trying to blame anyone as this sell off is just part of the long term express to wealth building. Damn these bumps in the frigin road is giving me a stiff neck.

Best Regards
Frank



To: Uncle Frank who wrote (102055)2/17/1999 5:56:00 PM
From: HG  Read Replies (3) | Respond to of 176387
 
Please let me know which calls you decide to sell...I would like to do the same too...