SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee Martin who wrote (4083)10/13/1996 4:13:00 PM
From: Rafique Sheikh   of 186894
 
I am impressed by yyour investing strategies and amused too. When INTC was under $100, I thought about getting in because I had been watching it since $70. With so many good news and analysis cooming out for it, it seemed like a very good buy. Unfortunately I didn't have enough cash so I thought about options. Well I didn't buy options, however if I had paid a little attention I could've seen the 1/2 priced warrants (by the way when do they expire?) See the problem with buying around the $100 mark was that I would get scared because of profit taking bringing the price sharply to low 90s and I didn't wanna' suffer. Well about options I just always thought it ws gambling, didn't feel good about it. Howeverm, I realize that if I had bot October calls for $95 I WOuld have more than doubled but I don't know if I wanna' do that because of the gambling idea. Like you said, I also think that I am not smart enough or qualified enough to try my luck with options, becuse I have lost so much (from my standards, student!!!) with just plain stocks and warrants.

Say if somebody gave you $5000 now, and wanted you to invest for him would you go for INTCW? NOW? I kinda' wanna' diversify but like I said I get scared by sharp drops due to profit taking and get emotionally attcahed by following the market every hour. You seem to have a good idea of where you want to be and how to get there. I have tried my luck with risky companies like IOMEGA and suffered, I'd hate to do the same with someone else's money if only my uncle!!

I am confident to see INTC around $130 by March '97. Call options look very attractive if one was only trading 100s of $$.

Thanks in advance for your advice and concern
Rafique.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext