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

To: Kayaker who wrote (103020)	2/19/1999 1:14:00 PM
From: Tim Cruise	Read Replies (1) \| Respond to of 176387

Selling puts is in deed a very conservative way to buy stock, not withstanding the fact that you limit your upside potential to the strike price. I agree with your theory and have used it in the past. However, it only works if you truly would not mind owning the stock, and you have the capital ready to close the position. Tim

To: Kayaker who wrote (103020)	2/19/1999 2:00:00 PM
From: edamo	Read Replies (1) \| Respond to of 176387

bob craig...dell long or sell puts... if you fully understand and are clear on what you wrote, then you have fully grasped the simplicity of the put selling strategy... i will repeat the two rules, have the capacity in cash or margin to accept, and want to own the underlying.. the strategy as you describe is what i refer to as backing into the long position..try to sell the position which will give you the lowest cost basis..if you go long today, and the stock tanks, you are out cash and have a paper loss...if you sell a short term put you have cash in, and the possibilty that it may or not be put to you... case in point...with the dell sell off mania, the premiums exploded in leaps...i sold 40 x jan 120 01 (zdemd) @ 5200/contract, net 207965..went long 1000 dell @ 82.5, holding cash for possible short term opportunity...common has stabilized, but zdemd bid 49-49-7/8 today...change in perception and volatilty with sideways common has given me +3 on premium(12k)... say you want to go long...go long on half, write puts on other half, use cash in to reduce first half position purchase..can't lose CASH IN ALWAYS REDUCES COST BASIS WHETEHER IT IS COVERED CALL OR PUT AGAINST CASH PREMIUM.... scenario one...it will be put to you, accept if you desire at a price that you know is lower than today...or roll out to the next expiration(same strike), and have more cash in scenario two...stock runs up, your premium erodes rapidly,perhaps you believe you lost the run up opportunity of owning the common...so close the contract, take the profit, sell a higher or longer strike and more cash in.. worst case scenario you always take cash in...enough cash in and you buy the underlying common for naught..this is what makes leaps interesting

To: Kayaker who wrote (103020)	2/24/1999 12:17:00 AM
From: Kayaker	Read Replies (1) \| Respond to of 176387

Stock trading nears pace of '29 crash By David Rynecki, USA TODAY NEW YORK - Stocks are changing hands at a pace not seen since the year of the 1929 crash as more investors confuse brains with a bull market and turn into traders.... exchange2000.com

To: Kayaker who wrote (103020)	4/12/1999 7:53:00 PM
From: Kayaker	Read Replies (2) \| Respond to of 176387

A snippet from TheStreet.com this morning... Heard from Mike Kelly, who runs Techtel, an Emeryville, Calif. market-research firm that has been tracking PC purchasing data for 14 years. He says Compaq isn't alone with sluggish sales. His data, from business purchasers, shows that sales of Dell (DELL:Nasdaq) PCs and low-end servers are also down. Ditto for Gateway (GTW:NYSE). "It looks to me like [Gateway] should have preannounced a shortfall, unless they made it up on the consumer side." (The results of Techtel's consumer data should be available in about a week.) thestreet.com