Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.38

-1.3%

3:59 PM EST

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To: Yaacov who wrote (96910)	1/20/2000 3:01:00 PM
From: Steve Lee	Read Replies (2) of 186894

OT 1) There ain't 300 working days in a year 2) Intel don't go up 2 points everyday even intraday 3) So you don't get 600 points 4) You would probably make more money marketing your medication cos it sounds like good stuff to me 5) Who is your broker with such fantastic commissions? Do you work for them or is it a good deal cos you are so wealthy? You said: "1, I buy and sell on daily basis, working with 2 points margins. You multipy the two by 300 working days, that is 600 points! My buying or selling commission is 1 cents per share and we are exempt from capital gain or income tax when we trade in US Equities! So that give more than long term. When shares don't in two trading Sessions I pu them in medium term portfoglio and sell covered calls on them to generate income and cover the cost of money! 2. I buy and sell INTC with 10% margin. This is medium term. 3. I have owned INTC since a year after they went public and being adding to it over years. Ups or downs with INTC don't worry me with the long portfoglio!"

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