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Strategies & Market Trends : BedTime for Intel or Kurlak???
INTC 41.56+0.1%2:12 PM EDT

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To: Larry Ames who wrote (13)4/16/1998 12:18:00 PM
From: JR Medlar, 2nd  Read Replies (2) of 29
 
Thank you all for your imput. We all seem evenly divided, and so does the market with INTC trading at $74 1/4.

I don't know how smart it was, but I bought a INTC May 75 Put option at $2 5/8. Its at $3 now, but not burning up the track.

Ilike INTC as a long term hold, I invest in their DRIP, but short-term 2/3 quarters out, I am kinda bearish. I will be investing in INTC in the way down, a little at a time, but the glory days are over for right now until margins and poduct line is over-hauled.

Thanks again for your input, SI is the best and you people are great.

Keep the faith,
JR
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