Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: John O'Neill who wrote (87488)	8/31/1999 2:08:00 PM
From: John O'Neill	Read Replies (1) of 186894

my main recommendation is to stay mostly in cash...I have 3000 DURA 70 djx puts in sep,oct, and dec....and 85+% in FDIC bank money markets..at 53 yrs with 5 1/2 yr only child...this portfolio suits me...I don't know if I'll post closing these positions or not...paul love to hound me with this imaginary portfolio I'm supposed to have... good old paul,,,he fixates on intc...given this, and his habit of making offensive posts to me and some other, calling people losers...he will no doubt continue to buy intc and will go broke if it dumps..it's inevitable....if intc goes up, he'll be rich...a no brainer...buy intc and hold, buy mor on dips..... if paul does lose (which hasn't happened yet) he'll probably gain needed wisdom and humility....if intc keeps going..i would expect the opposite...i'm hoping he gains the humility/wisdom...it would be better for him in the long run.... in addition to above puts i have about $50k in USPIX probear fund (purchased in the $8 range)...at least i have the wisdom not to presume I know what the outcome of these investments will be... cash will come in handy..if i lose all on the above investments, I'll still be in a good postion to use this "dry powder" to cost average into the stock market after severe corrections...crash

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