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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: accountclosed who wrote (53295)3/25/1999 11:36:00 AM
From: Knighty Tin  Respond to of 132070
 
AR, My thought process was that Dell would have a dead cat bounce and I didn't want to be in profitable Aprils while that happened. I was basically able to take a bit better than a double out of this bunch, put half into the 90%, and reestablish the position in the May 35s (actually my second third in those) with the rest of the money. I could feel the permabulls horsing to buy this one "cheap." It won't last long, but April can be a short holding period before Dell returns to a more realistic price trajectory.

MB