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Technology Stocks : Intel Corporation (INTC)
INTC 40.34-2.6%Dec 8 3:59 PM EST
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To: Hightechhooper who wrote (126688)2/6/2001 1:38:07 AM
From: Amy J  Read Replies (1) of 186894
 
RE: "I am betting that there will be no signs of a real turnaround in Q1 so I am hoping to use this time to write aggressive calls"
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Hi HTH,

I wasn't comfortable with my low cash position (live and learn), so I sold some INTC shares (about 9%) on Friday at 36.5. Blah. Also wrote some covered calls on a small percent of the shares. So, I now have a 12.9% cash position. At this point, I'm hoping INTC will stay low or even go lower. But moving forward, I do not plan to go below 5% cash position again, barring something unusual.

Regards,
Amy J
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