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Technology Stocks : Intel Corporation (INTC)
INTC 40.51+0.4%3:59 PM EST

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To: Elmer who wrote (124894)1/14/2001 11:05:29 PM
From: Paul Engel  Read Replies (2) of 186894
 
Elmer - Re: "AMD, CPQ, CSCO, DELL, LSI, LU, NSM, TER, WCG & WCOM. I'm writing CCs against all of them as well as CCs on INTC well out of the money. Hope you are doing well."

I'm doing OK - and could be doing a whole lot worse.

The latest technology dump allowed me to sell puts on Cisco and ADI - as well as buy outright Corvis at $14 1/2.

On the negative side, I am preparing for the worst come Tuesday. My fear is that Intel will report mediocre results but their projections for the near term will be guarded - if not pessimistic. With many other companies predicting a bad 2001, I can't see how Intel can predict anything better.

My guess is that AMD will fare even worse - with their lack of any new competitive products.

Paul
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