Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Joan Osland Graffius who wrote (6497)	12/16/1996 4:40:00 PM
From: P.Prazeres	of 186894

More selling off in the last hour today. In retrospect, it would have been nice to have held my puts over the weekend. I thought that 125 to 127 would be as far down as we would go by Friday and I am surprised that INTC is at 127-1/4 this evening. Maybe and I stress maybe we will visit 120 now since with 4 days until expirations we are only 7 points away and almost 10,000 of the dec 120 calls open. Having said that, I think that INTC is going to rally especially after this Friday...so this is a good opportunity to start to accumulate some calls. If we do get to 120-122 then pick up the rest of the position. To jack rains...what's your opinion? Paulo

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