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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Elmer who wrote (93777)	12/10/1999 4:05:00 PM
From: Paul Engel	Read Replies (2) of 186894

Elmer - Re: Did you write any Jan AMD puts?" Yes - but I wrote them about 8 or 9 months ago ! I sold a whole bunch of AMD Jan2000 $10 puts at the time when AMD was preannouncing losses every other week ! Ten days ago, I "spread" my AMD Jan 2000 $10 puts to to Jan2000 $25, netting me an additional $1 1/2 per share (that is, I bought back the $10's for $1/16 and sold the $25's for $1 9/16). I'm counting on the AMDroids and the analysts to keep AMD pumped up like a balloon. So far, it's working well. Paul

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