Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Ann Janssen who wrote (14860)	12/19/1997 5:49:00 PM
From: David S.	Read Replies (2) of 27012

Ann and all: A few months ago I mentioned I took a departure from INTCW and bought positions in KO leaps for 1999 and 2000 (in the money) when the stock was at 60. Several on this thread said I made a boo boo, KO and GE were overpriced and dead. Well they both went down again, recovered, went up, down and up again. So I for one don't think I made a mistake. With the cash flush mutual fund managers looking to load up in January, they have got to take big positions in KO and GE, as well as Intel and the other major techs. Except that with leaps in the techs, I would have to pay a high premium while I can nearly double my investment with the KO leaps if the stock just gets back to it previous high of 72. From 66 now, I see my target easily reached in 3 to 5 months if not 3 to 5 weeks. The name of the game, as with my INTC warrants is leverage, leverage, leverage. This KO trade will just give me more funds to buy Intel and Iomega. Regards, David S. Long on Intel and Iomega

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