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Strategies & Market Trends : Tech Stock Options

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To: Richard Althouse who wrote (5992)	3/14/1997 4:13:00 PM
From: Kevin	of 58727

Hi Richard. Here's a little INTC update I thought was important: At $135, INTC will close all of its downside MF divergences that I've been ranting & raving about for several months! Like I said...I'm really not a bear on this stock. In fact, I'll probably be selling puts as early as Monday on it. Fundamentals are there, MF gap closed, and an upcoming earnings report that should give the stock a boost to a MINIMUM of 4155 per share are enough reasons for me to short puts and probably buy calls several days later. Just my opinion folks...I could be wrong. Have a great weekend everyone!

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