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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%Feb 10 3:59 PM EST

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To: Ernie Ganas who wrote (30661)8/29/1997 1:34:00 AM
From: VICTORIA GATE, MD   of 186894
 
re<which VNL's did you buy @16 1/4? >

VNL AT

RE< As I understand it the LEAP's are options to buy in Jan 1999, correct?>
YES
RE<if between now and Jan 1999 INTEL is at or above 117 you will break even. >

YES

RE<I have learned in dealing inthe market is there is no such thing as a sure thing,>

YES , only speculation

exp : if intc is 100 next week

VNL AT will be $21 ( up 29 %)

with 25c time 16 1/4 = $ 40,625 ===> 441 shares if you buy intel stock .
intc @ 100/s $44,100 ( intel stock only up % 8.5 )

something with intel down
vg
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