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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (6937)	10/12/1999 11:23:00 PM
From: Gersh Avery	Read Replies (1) of 11051

Wow !! Sounds like you kinda feel like Sarah Connors in Terminator II .. nobody will listen. No I wasn't thinking about the MM in '97 .. I was considering your view on the destruction of kapitol and "no exit." If we really are to take that kind of hit, then the best place to be would be puts .. which brought to my mind the question "If we really do take that hard of a hit, will the brokerages be able to pay off on the puts?" It would be nasty to pump every penny into puts have them go to 20x value and then not be able to cash them in. If that's the way that projections run then perhaps a bag or two of silver dollars might be the way to go .. and a couple of them colts while they are still makin' them. In the AM I figure that it'll be to late to pick up on INTC puts .. My target will be net puts ..

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