INTC Message Board - Msg: 2504233

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Technology Stocks : INTC

INTC 36.82

+1.5%

Dec 19 9:30 AM EST

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To: Jules B. Garfunkel who wrote (724)	10/21/1997 12:13:00 PM
From: Gary Kao	Read Replies (2) of 990

OTOTOTOT -well, John, I have had the same strategy as you of buying INTC calls and IBM puts, but I am getting pounded at both ends! IBM is like the wounded bear that has been shot at various places but just won't die. Revenue growth is dismal, mainframe is stagnant, PC sales disastrous, and mucho layoffs to come, yet the market rewards IBM w/ a 5% rise in stock price! And intel is just stagnant. What's your opinion of all this, or are you in too much pain to say? Gary

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