Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.57

+4.8%

3:59 PM EST

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To: Otis who wrote (8215)	1/14/1997 7:17:00 PM
From: jmac	of 186894

I am a long-term holder for INTC. I hold this stock in both my IRA, SEP, and regular accounts. I will continue to hold this stock, usually selling calls against it that are out one month and 15-20 points up from current price. I also have some Jan calls that I bought when INTC went down to 129. I bought the 130s at that time. I have no idea when I am going to sell those. I expect a gap up, a small pullback, and then another move up. BUt, what I expect doesn't always happen. I know one thing for sure. I am sure that I won't get out at the high between now and Friday 4pm but I sure would like to get some more out of INTC between now and Fri 4pm. I also don't buy into the MM theory that the stock has to close at 140, 145 or 150 on Friday because those have high open interests and the ""MMs" need to close it out there..

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