Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 38.44

+0.7%

Nov 10 3:59 PM EST

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To: Jean M. Gauthier who wrote (96132)	1/14/2000 12:56:00 AM
From: geekland	Read Replies (1) of 186894

Jean, It's been my experience in cases like this that the euphoria causes people to pile in during after-hours trading and some more such herd instinct will occur in the morning. The stock will then back off due to sellers cashing in and nailing down their gain with the idea being that the stock is a tad ahead of itself (too much too soon). Those sellers hope to jump back in when the euphoria subsides and the stock has backed off to the lower nineties. Can the earnings euphoria propel INTC into triple digits before option expiration? I would bet NOT. Are the calls worth more than you paid for them? OF COURSE THEY ARE! So nail down the profit, don't get too cute this close to expiry and you'll live on to play more positions with your booty. (IMHO) Congrats & Good Luck!

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