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Technology Stocks : Intel Corporation (INTC)
INTC 47.76+1.3%10:17 AM EST
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To: Richard Tuck who wrote (30376)8/26/1997 4:14:00 PM
From: IVAN1   of 186894
 
Well maybe I'm constitutionaly different, but I seem to sleep not nearly as well as you do given the heavy INTC weighting in my portfolio. Yes. I am tremendously pro Intel -- in fact i got into the stock because they were a client of mine and i was blown away by the quality of the people there and the quality of management -- but am old enough to remember what it feels like to see great stocks and franchises hit the skids. I'll tell you this... I can't see selling my Intel but would love to buy some puts for short term protection. My problem is I don't know enough about options stuff and don't feel like starting to figure it all out. Any long term holders who hedge just for some downside protection?

Best,

Ivan
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