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


To: Rich Young who wrote (116880)4/12/1999 11:57:00 PM
From: Mohan Marette  Read Replies (2) | Respond to of 176387
 
I guess the 'momentum' must have broken the way Todd sees it!

Looks to me he bought some shares of Dell and held for 3 or 4 days
and sold it for a loss only to short it, yeah that there is a brilliant strategy alright. Oh well it is not my money.

He says...'I shorted Dell today at 41 3/8. Eureka! He's short! Yep, I sold 1000 shares of Dell to someone today. I'm already losing money on that trade. Dell will probably gap up a little in the AM. If Intel reports good numbers, it will go up more. It may get caught up in the overall warm fuzzy of the current market. No matter...'

=================

' To: Brookelise (114719 )
From: Todd E Godwin Wednesday, Apr 7 1999 11:59AM ET
Reply # of 116883

Actually, I currently have no position. I've been long DELL many, many times. Only shorted it a couple of times. Not this time though.
I'm not going to be buying it again anytime soon. However, when the momentum breaks hard (and I do believe that will be to the downside) I will be there to short it.

Regards,
Todd'