I am making a fundamental comment on this post on DELL in the technical section: I have been selling the 37.50's actually. Putting the stock at 33.30 means less than 18x forward earnings with ~20% growth next 5 years. When taking the cash off ($3.74) that brings that 33.30 to less than $30 Enterprise Value. I view this as undervalued. I recently sold 25 of these LEAPS and bought the Jan 07 37.5 calls for 3.40 with some of the capital. I think this is an interesting long term bet for people who think DELL is a quality business that has been hit unfairly.