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Technology Stocks : INTEL- Money Making Option Ideas for Small Investors
INTC 37.04-6.2%Nov 4 3:59 PM EST

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To: Kumar Nathan who wrote (5)5/5/1997 10:28:00 PM
From: Jeff Dickson   of 201
 
Kumar, While the issue with the floating point flag is something to be aware of for short term traders, it doesn't look like it has the potential for any great damage. But you are correct that the May 160 and 165 holders may get butterflies. The June contracts would be a better play, but if you have disciple to protect capital and can watch it, the May's may give a big bang for the buck. I think Intel learned from the last time, and any protracted damage will be avoided by quickly addressing the issue. If we do see some impact, I'd view it as an opportunity. I think the major tech's may get see some more geniune interest here, before the market rolls on into the smaller techs. What are your thoughts? Cheers, -jeff
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