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

To: HG who wrote (102175)	2/17/1999 6:08:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 176387

Happy Girl, I think selling covered calls at this point is a mistake. Dell could rebound big time when some sanity (or insanity -- take your pick) returns to the market. A 6% drop in expected revenues (but a 38% actual increase over last year) is hardly reason for a 25% sell-off -- especially in view of the firming ASP and improving net. How much of today's action was the result of momentum players bailing out and very short-term trading vs. establishing a new base valuation is very difficult to judge. If I were you I would wait until next week when thing are likely to stabilize. TTFN, CTC

To: HG who wrote (102175)	2/17/1999 6:53:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 176387

>>Please let me know which calls you decide to sell...I would like to do the same too... His felineship gave you some very good advice, happy_girl (he never talks to me, but he probably recognizes that I'm a dawg person <g>). No way I'd sell calls on my dell holdings until I see it bounce, and even then, I'll wait until after the split. By mid March we should be able to get some reasonable money for April 120s. Frank