Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.90

+1.7%

11:46 AM EST

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To: Ibexx who wrote (25297)	6/27/1997 3:31:00 PM
From: broken_cookie	of 186894

Ibexx, INTC was ~ 138ish when ECI (Employment Cost Index) data was released in April. Put volume was also higher than call volume that day which is unusual. INTC proceeded to rally up to 165ish before bug and lawsuit news started to hammer it. I remember this well because I had puts at the time and barely escaped with 40% loss. ( No flames please, I trade both sides of intel short term, but am long otherwise. ) bye

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