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Technology Stocks : Intel Corporation (INTC)
INTC 34.32-1.2%3:59 PM EST

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To: Gerald Walls who wrote (87864)9/6/1999 4:25:00 PM
From: Paul Engel  Read Replies (2) of 186894
 
Gerald - Re: '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?"

It never hurts to take a profit - if you feel like doing it - go for it.

You can always buy a leap/call at a higher strike price for a lower price, keeping most of your profits while maintaining an interest in Intel's potentially increasing stock price.

Paul
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