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: Lee Martin who wrote (4235)	10/15/1996 7:33:00 AM
From: exhon2004	of 186894

Dear Lee: Appreciate your post on not using credit. I have a friend who is about to declare bankruptcy. He has 90K of debt on credit cards which he used to buy options. He tried to explain it to me, does stuff like buy "in the money" puts and "out of the money" calls, (or visa versa), on the same damn option. I didn't understand any of it. Considering his current financial condition, I'm not sure if I'm stupid or his investment strategy makes no sense. He is going to "retire" from his day job in February 1997. About two months after filing bankruptcy. I pray for him and his family and wish he was more like you. Best Regards, Greg Gimelli

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