Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

+0.1%

Dec 26 3:59 PM EST

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To: Howard Feinstein who wrote (39033)	11/5/1997 10:57:00 PM
From: Night Writer	Read Replies (1) of 186894

Sold Jan 99 LEAP 85 puts against INTC stock I own. Used proceeds to decrease cost of stock. Will sell stock to cover LEAPS it does not appreciate before end of 98. Think it is good time for a high leverage play on this excellent company. Don't recommend if you are risk adverse. However, I don't see INTC under 85 by end of 98. Doing this because I am totally invested in market at the present prices. No cash left:>) NW

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