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

To: edamo who wrote (102940)	2/19/1999 12:19:00 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 176387

edamo, Read the bio of Buffett and how Graham fired him from writing "The Intelligent Investor." Don't even get me started on B schools. They are a place to get your ticket punched. Period! And, yes, I went to the best of the tawdry bunch. <g> MB

To: edamo who wrote (102940)	2/19/1999 12:47:00 PM
From: Kayaker	Read Replies (2) \| Respond to of 176387

edamo, I've been buying shares of a few different stocks this week (ATHM, CMGI, EMC, QWST) and last night is dawned on me that I would be much better off selling short term in-the-money puts. For example, say I wanted 1000 shares of Dell. I could just buy them at 82-1/2 right now. Or, I could sell 10 Mar 85 puts for 6-1/2. If Dell is above 85 at expiration, I pocket the $6,500. If not, I get 1000 shares for a net price of 78-1/2, and save $4000. If I really wanted the shares I could sell 10 Mar 90 puts for 9-1/2. Either I pocket $9,500 a month from now, or I get 1000 shares for a net of 80-1/2 and save $2000 vs buying the shares right now. Makes sense?