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Technology Stocks : AMD:News, Press Releases and Information Only!

AMD 217.53

+1.5%

Nov 28 9:30 AM EST

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To: Brian Hutcheson who wrote (1946)	11/4/1997 5:33:00 PM
From: Investor A	Read Replies (1) of 6843

Brian, I took 9 points profit from my DELL Nov85 puts last week and replaced them with NOV65 puts @1 11/16. DELL puts are just as valuable as INTC puts. However, DELL puts are pretty expensive to buy as the market has been expecting its crash to low 10s. In the mean time, not too many investors realize that Intel has been such a technology loser and its INTC should not worth more than twice of its book value. As the result, INTC puts are better investment or hedge tool against our stock investment.

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