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Technology Stocks : Intel Corporation (INTC)
INTC 37.82-4.3%3:59 PM EST

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To: Paul Engel who wrote (99876)2/25/2000 2:42:00 PM
From: Gordon Hodgson  Read Replies (1) of 186894
 
Paul Re: "Good luck with your Options trading."

Thanks on that Paul. Luck and the audacity to lay the bets down is almost all it is. Plus the belief that Intel is a greater company than the poor ole guys pricing their calls and Leaps think. I still think Dr. Black whose Black-Scholes formula for pricing options has a very flawed formula, even though him and Sholes won the Nobel prize for it. My thinking is that for one thing the incredible amount of R+D money Intel spends should be considered more of an asset than an expense when figuring the value of options. In any case Intel Leaps are generally underpriced IMAO(A for arrogant). Anyway, enough of my screwball logic. Good luck to you and keep those posts coming. They are absolutely pure gold!

Gordon
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