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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-2.3%12:35 PM EST

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To: Mark Jahre who wrote (9320)1/26/1997 3:37:00 PM
From: kas1   of 186894
 
>My greatest concern is not Intel, but the market.

ALL: does anyone have thoughts on my strategy of buying microsoft puts as insurance on my heavy intel position? i chose microsoft, and not intel, puts because microsoft has yet to take a beating from this downtrend in the past few days, and thus the puts are dirt-cheap: under $2 for feb 90, which i think is a good deal. is it feasible for hardware to get taken down, and software not get taken with it? most of my money is in intc, gte, and csco... but it's only intel that i'm concerned about in the short term, as i have intel calls and am heavily margined on my intel stock.
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