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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (12472)	10/22/1997 9:50:00 AM
From: Hans	Read Replies (1) of 50167

IKE, how do you see INTC moving this month? The marked is softening today, but I like the way INTC has moved up slowly, a point or so a day. Thus, it's up a bit today while yesterdays rockets, IBM & MSFT are down today on profit taking. I think you are right on RE long term prospects for INTC. I played it safe, and bought nov 80s after earnings. It turned out to still be poor timing, for which I have only myself to blame. Friday was a great buying day. I overspent my margin and had to do some selling instead and pass up on the bargains. That left me with INTC nov 90s @ 9, and still a little underwater with a month to go. Keep it up. Hans

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