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Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%3:59 PM EST
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To: Paul Engel who wrote (54186)4/22/1998 8:16:00 PM
From: ed thompson  Read Replies (1) of 186894
 
RE:Morgan-Stanley/Mark Edelstone re-iterated their upgrade/Strong Buy for Intel and cited the good growth in >$2000 PCs, the good outlook for Server and Workstation growth rates.

Dear Dr. Engel:
The above is not the reason for this week's strength. The reason is is that I wrote calls at 70. (inqen @5.25).
Lost a lot, but covered at the open yesterday.
As everybody knows, when i buy INTC it goes down. Now we know that when I write cc's it goes up.
Lots of luck to all,
Still sleeeping with the DEVIL.

Ed.

GO FLYERS!
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