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Technology Stocks : Intel Corporation (INTC)
INTC 46.48-3.6%3:59 PM EST
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To: Jeffrey Boggis who wrote (23543)6/5/1997 10:27:00 AM
From: Yaacov   of 186894
 
I got BURNED on my Intel October 175 calls on Friday! The option went from
$13 to $4..

Hi Jeff,

Sorry to here you got burned on those calls. I frankly don't know where
go go from here, short term. Long term, I think 200 target price is not
unreasonable. So, I am waiting t sell the calls strike 200, Jan. 1998,@ 20,
(G G G!!)

Kind regards,

Yaacov
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