Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

3:59 PM EST

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To: robert marshall who wrote (44035)	1/5/1998 8:56:00 PM
From: john defreitas	Read Replies (1) of 186894

robert,i just looked up jan75 on fidelity and the last sale was 1 1/8. the high today was 1 3/6 and the closing spread is 1 1/16-1 3/16. if you sell these calls why not use the money and buy some jan70puts which closed at spread of 3/4- 13/16.... i am long on intel,but not this quarter.....i don't see any tech stock coming out with blowout numbers this quarter that will propel their stock and expect cautious comments for q2....just an opinion. www.news.com reports today intc sitting on 3mil unsold processors.

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