Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 42.17

+4.1%

12:17 PM EST

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To: robert w fain who wrote (14425)	3/16/1997 8:17:00 PM
From: jmac	of 186894

Well, here's probably something refreshing from someone who posts-- I don't know. I thought I did. I thought INTC was pretty cheap at 160. At 138, I still think so. And, bacause I am stubborn and don't like to admit I was wrong to hold, I still hold. At least I sell covered calls as a rule and I got roughly 5-7 points in call premium during the Feb and Mar series. But, that's not 28. I thought that after Mar expiration, INTC woudl go back up. I have posted this many times. But, never in my wildest imaginations, would I have thought it would start going up from 138. Something is going on here and it is more than just profit taking, or people who are characterized as "weak" (as I have been characterized). I just don't know what it is and I don't know whether it will be proven to be true. 1st Q is in the bag. It is 2nd, 3rd, and 4th that concern me.

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