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

To: Hector who wrote (106742)	3/4/1999 12:38:00 AM
From: edamo	Respond to of 176387

understand your position...i doubt that dell will be a five year range trade 20-100 pre=10/50 post split...not many stocks in recent history range traded that long..too much liquidity, everything is overpriced, this is not 1960 or 1970...dell should be 70 post split by third quarter...probably will move to high 40 post split in 30-60 days...grossly oversold...look at its pattern..duplicating late nov 98...i've been a net seller of puts since 2/17...the volatility is there....even if you are correct the put seller will win...110 contract-40 premium=70 pre basis...35post basis...hard not to lose! good luck! ed a.