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Technology Stocks : America On-Line: will it survive ...?

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To: Quaddad who wrote (3783)7/2/1997 10:39:00 AM
From: CLAUDE JOHNSON   of 13594
 
Just talked INTC over with my broker. He let me know that he just received a release that suggests that their option clients BUY August 135 puts!!! Their reasoning was that INTC broke below the 140-150 trading range and may not find clear support until 130! Well I'll be!

I have found that my broker's company is a little off at times in their recommendations, so I take it with a grain of salt. I am short Oct 140 Puts and did not add to my short position as I planned, but will maintain it. OFF SUBJECT, but thought I might respond with this news.
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