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Technology Stocks : Intel Corporation (INTC)
INTC 48.95+0.3%2:46 PM EST
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To: Kealoha who wrote (34850)10/11/1997 7:25:00 AM
From: W. Clinton Terry   of 186894
 
Kealoha:

Thanks for your post. Do I read between its lines that you feel Intel will meet expectations and perhaps exceed them a penny or two and because the expectations are low that it will go up? I am not sure what I want to do Monday, so I am justing asking around. I think it is interesting that there is so little comment, virtually none,about yesterday's downgrade. Granted I am relatively new at this, about 6 months, therefore perhaps my Angst is a bit higher than the seasoned veterans. Do you really think you pissed away 14K last quarter or was it merely an expensive lesson. What lesson did you learn? Would you have felt the same if Intel had tanked and those puts were realized?
If you buy puts equal to your calls, how do you loose money?

Clinton
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