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Technology Stocks : Intel Corporation (INTC)
INTC 33.74-3.9%3:26 PM EST
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To: lkj who wrote (83304)6/13/1999 10:09:00 PM
From: Ibexx  Read Replies (1) of 186894
 
lkj,

Re. What do you think about buying some AMD calls to hedge against potential INTC drop that may be caused by the K7 hype?

My own opinion is that buying AMD (common or calls) as a hedge against INTC's downside is a poor strategy. More often than not, INTC's loss was not associated with AMD's gain. And K7's execution remains to be seen at this point.

If you must hedge, I would do it with INTC call writing.

Regards,
Ibexx
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