Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Jeffrey Boggis who wrote (4093)	10/14/1996 10:27:00 PM
From: Rafique Sheikh	of 186894

Ah!!! I wished I had done that. Thius morning I wanted to call my broker and buy some Nov. 105 Intc calls, but I realized I needed to have sent in the application for options trading as well as have cash in my account since I am fully invested. I was certain INTC was gonna' be above $110 after earnings, but I didn't go for the trade because of the reasons mentioned above. The only soothening thought was that I wasn't being greedy, I saw a real opportunity at hand to make big quick $$ with savings in my account but I didn't care about it enough to hastle wiring the money and faxing the application to my broker. I regret it a bit especially because my IOMG only went up $1 while INTC $7+. However there is hope for IOMG now that it seems to have found a pillar to rest gainst until the earnings report on Thursday with volume on the rise. Now here is another opportunity, I expect IOMG to be around $27 after earnings but would I go for the kill, the options, probably not because of past mistakes. At this point I wanna' break even before I try to make profit. I will make an effort to understand the market a little better before I do options, may be you can advise. BTW lats time IOMG posted earnings back in JULY the sdtock took a nose dive of -$5 or more, let's see what happens now. Thanks. P.S. If I bot Nov. 105 calls for intc this morning, what would they be worth now that the price of the stock is above $110?? rafique

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