Options expiration landing

So you rolled them over to the next contract..meaning sold the options for Sept and purchased either the same number of contracts for the Oct period and paid more, or used the proceeds to buy whatever you could on the Oct from the sale of the Sept...

btw..

Do you know somthing about DELL that I dont? They have been a dog for years..company in serious turmoil, options issues etc..

You are correct sir, you say it much better than I ever could in multiple paragraphs.

I dont know how we havent talked about this in the past...how odd..

Why yes I do.....

They are clearing out all of the deadwood that was put in place when Micheal Dell stepped aside.  Also they have listened to thier business customers and home customers. 

They have released the Vostsro computers that have none of that pain in the ass trialware on them. Also the Wal-Mart sales are starting to click.  Add to that you will get stateside customer serice with just two year and above service contracts starting next year instead of just 4 year service contracts which it is now.

They have more production coming online to take care of those problems they are having with not having all of those extra color laptops they are now selling.   They way underestimated the surge for those to begin with.

Also, rumor has it that Micheal Dell will start being the face of Dell again like Jobs is.  He will start to be seen in some of the advertisements. Which I think will be huge, just him being back of the helm is making things click better.  It was a huge mistake for him to step back and I believe things are just now starting to turn around.

They tried to get cheap and save money when he stepped aside.  They won't make that mistake again.

What's that Wallstreet?  About Dell?

No, about OPTIONS and stocks..I am still not getting where we havent talked about investments before, how odd is that?

Good stuff on DELL...interesting. I am curious though, the move to Walmart is almost saying their true growth stage is over. The units there have to be low margin, no way Walmart is taking a hit on them..so to me when I saw that, I saw it as a negative..that they are raising the white flag saying their model isnt good enough to increase margins and they have to go retail...like Gateway did unsuccessfully.

I like some of what you said though and I guess at this price the risk isnt really high, but they sure have plenty to sort through before the market starts having confidence in them to really move higher.

Well, I've never really advertised that I do any of it.  I keep things pretty close to the cuff. When I got out of the market before the tech bubble crashed I really didn't care to get into it back that much.  I made an obscene amount of money and didn't want to ever risk giving it back. I saw the crash coming and got out ahead of time. 

I guess I had an advantage being in the tech field.  You can only squirt out red ink like a cybersquid for so long before it goes crash.

But when the hockey lockout happened a few years ago I had money just sitting there making me next to nothing.  So I got back in again and loved it.  Did well again, just concentrating on tech stocks.  When they release thier products coming out I can smell if it's the real thing or vaporware in a heartbeat.

 But it also helps that I do work with a great deal of younger people in the field and I bounce products off them to get a feel for things

So where I will not be active in wagering pucks this year I need another outlet once again. 

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The main reason for the Walmart move was to combat HP/Compaq.  Walmart has been selling them for quite awhile.  You are correct about Dell offering thier lower tier systems there.  But for Christmas they will also offer some midline models.

Now Dell does have retail, you might not have them in your area, but it's just low cost kiosk in malls.  They are not that stupid to think they can open retail stores.  Gateway is still paying for that stupid move.

Also you might just be seeing Dell's in other big box stores.  Yes, they could be getting away from those 1-800 Dell sales.  As long as they make the same margins they really don't give a squat.

Not to butt in, but I associate with a computer tech that absolutely loathes Dell products.He is prone to tech snobbery that at times seems rather ridiculous to me.Is he correct that their stuff is "absolute junk, not worth blowing up" or as usual, ridiculing something that is only mildly comparatively poor?

I think Lippsman feels similarly about their older products, but maybe they are making a turn, I dont know.

What I do know is their stock has languished and has issues galore. I would expect a slow move up until they prove themselves..

OK...I know they lost their mojo as a stock, read a lot of articles on their decline in that regard, was just curious if this guy just had an irrational dislike for the actual product. I've always stayed away from them for my own use.