"--going to become a young, retire gazillion quintillioniare real soon on UTEK instead of an unemployed engineer. Whoa, Whatta Country!!!!"
Weelllll, the furst thang ya know, ol' Jed's a quintillionaire...
I guess I would nibble at INTC in the coming weeks if it could drop to $70. If necessary, Intel will ramp up 'copper' if IBM, can....but IBM seems to have the dominoes (chips?) lined up to do it shortly and that, if so, gives 'em a big edge.
In Intel's favor, it is likely they will get a revenue boost once Deschutes gets online....but for now I still think the market is under distribution, so I'm still selling long-term holdings in blue chips----some of these things I've had since the late '80s and before.
This GTE/BT/WCOM tussle has me remembering the Conoco deal about 15 years ago, when VO/MOB/DD drove the price up from around $40 to finally get taken out at $90----with Seagram's bidding $100 at the end and Mobil $115. Ah, the good ol' days....my first options play.
Anyway...if you are still thinking about OEX options...the bonds should be the key, again. If they fail, it would be nice to own some November OEX putz. |
