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Technology Stocks : Intel Corporation (INTC)
INTC 36.98+3.3%12:53 PM EST
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To: RetiredNow who wrote (53038)4/14/1998 5:26:00 PM
From: Mike Farrar  Read Replies (2) of 186894
 
I am staying out this earnings. Last quarter the stock was
up big after hours and I was drooling because my option were going
to almost double and then some. It continued this way until 25 minutes
before market open and then a brokerage downgraded it. I ended
up selling my options 25 minutes after market open for a 35% loss.
That burned my butt so I stayed away this time. Look out for
maybe the same thing happening tomorrow. Remember that
their is a big short interest in INTC and a lot of the afterhours surge
could be short covering.

Jeff
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