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

To: W.B. Michaels who wrote (130585)6/2/1999 5:15:00 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 176387
 
I sold some june 35 covered calls when the stock was at 40 and bought them back today @ 11/16. I'm ready for a move up.

Can you say,,,,,,,,,,LUCKY!



To: W.B. Michaels who wrote (130585)6/2/1999 11:45:00 PM
From: Ian@SI  Respond to of 176387
 
WBM,

I suspect that much of the institutional selling of Dell is a result of a feared increase in interest rates / inflation.

Thus, the concern over just what the multiple should be for Dell and other high multiple stocks.

Personally, I suspect that over the longer term, interest rates are headed down not up.

By longer term I'm talking about at least 4 more years and possibly 20 more years.

FWIW,
Ian.


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