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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%3:59 PM EST

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To: Paul Engel who wrote (110888)9/22/2000 10:54:23 PM
From: Sam Citron  Read Replies (1) of 186894
 
Hi Paul,

Thanks, Paul. In contrast to my long position in AMD earlier this year, this is a conservative income play with good downside protection and an opportunity to buy at what I consider to be bargain levels. Opportunity tends to knock this time of year, so I have begun to tap into the treasury (e.g. on PRIA). I'm not ready to buy INTC shares yet however because I don't think we have seen the bottom quite yet. However, I do not think we have far to go. I'd rather get paid for entering a ridiculously low GTC order.

Sam
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