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Technology Stocks : Intel Corporation (INTC)
INTC 34.36-1.1%3:58 PM EST

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To: Paul Engel who wrote (87746)9/6/1999 3:16:00 PM
From: Gerald Walls  Read Replies (3) of 186894
 
I thought Intel was fine at $83 - then it jumped to >$85 on Thursday and jumped again to $89 5/16 on Friday.

I have some ZNLAL's (INTC Jan 2001 60 Calls) that I bought back on 6/4 at 11-3/8 that have basically gone straight up (36-3/8 bid on Friday). I originally bought these as a longer term investment but with their performance I'm thinking that it may be smarter to take profits and buy a different series later. There's no way that INTC can keep up the recent ballistic performance for much longer.

Any opinions?
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