Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.51

-0.8%

3:59 PM EST

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To: John O'Neill who wrote (90432)	10/15/1999 10:19:00 PM
From: Elmer	of 186894

Re: "as far as MSFT, DELL & INTC.. a favorite trick they do have is to sell puts then take the $$from the puts to buy stock into the company treasury.....this drives the price of the stock up, which usually causes the puts to expire worthless..." John, with the volumes traded each day on these issues, it is impossible for them to use the premiums from the sale of puts to buy enough shares to affect the price. BTW, did I miss your explanation on how you managed to trade options for 8 years when there was no options market? EP

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