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

To: Dr. David Gleitman who wrote (113358)	3/30/1999 12:20:00 AM
From: saket chadda	Read Replies (1) \| Respond to of 176387

David, I am in a similar situation, except mine are only 14 contracts expiring in April with 47.5 strike. I bought at $2.25 for each share. Yours was $4.50 per share? It couldn't be per contract. Anyways, the price on my options has gone down so much that it is not worth cashing it. I am going to wait it out and see if it breaks through 45 this time around. If not, will sell when it settles back below 44 or so. A 60 strike expiring in May is difficult. I am sure it is not worth your while to cash out at these prices. I am a little worried by offers of free PC's etc. But with Dell you never know. It may just shoot up within the next 20 days upto 60 (dreams happen!) Saket

To: Dr. David Gleitman who wrote (113358)	3/30/1999 1:44:00 AM
From: JKC	Read Replies (2) \| Respond to of 176387

Hello David, Unfortunately, there is not much to do except wait. I also have quite a few May options. April could be very important to us. We have Intel earnings and we also have CPQ. New reporting requirements will make Intel what percentage was sold to both Dell and CPQ. This will put a new meaning for us Dell investors. If the number is good, $20 should be no problem. Every stock manager hates Dell, but loves EMC and AOL. Does not make since to me since they are kind of related. The more EMC and AOL sells the more you need computers. Everyone has been waiting for Dell to fail, I do not think that M. Dell will let this happen twice. Good Luck to both of us!!

To: Dr. David Gleitman who wrote (113358)	3/30/1999 8:48:00 AM
From: edamo	Read Replies (2) \| Respond to of 176387

dr.david...re dell may 60 calls the risk in call "buying"...if i understand you...(correct me if i'm wrong)..you own 120 x dell may 60 (dlqel @ about 1/4)...that you paid 450 contract...cash out 54k...present value 3000...sizeable short term loss, which will be difficult to recover unless dell closes at 64.5 in may..break even...time is against you...was your initial position set to excercise or trade the option?...do you have the capacity at some point in time to buy 2000 shares dell @ about 34?...if so to repair your position consider selling 20 x dell 0160 puts (zdeml) @ about 25-26...sell your calls and you end up with a short term tax loss, and recoup your initial capital, which you can go long with...in dell common, or leverage with dell jan 17.5 thru 25 range calls...premiums very skinny on these at the moment...buying calls as you did is sometimes profitable, but usually risky should movement direction change...my preference is to buy deep in the money calls, use as a stock replacement, with the thought in mind to excercise...less percentage gain...more conservative...point by point movement with the underlying...some premium left if wrong...think it thru...you are trying to repatriate capital...not always easy...good luck, ed a.