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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.56+10.2%Nov 28 9:30 AM EST

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To: Sonki who wrote (19234)4/25/1998 8:56:00 PM
From: Sundar Rajan  Read Replies (1) of 27012
 
>> i bot some cpq/intc july options. this week. so let's hope
some wonderful things happen from here to july else i loose all that money.
>>
I subscribe to Bernie Schafer's options advisor and guess what - His picks for this month include both CPQ and INTC. Unfortunately he has recommeded buying puts (CPQSG, INQSR) on both of those. Since he normally looks for a double he is anticipating atleast 10% price drop in both of these before July.

Last time he recommended puts on CPQ was in Feb or so when CPQ was 32 and looked like getting ready for a great runup. We all know what happened afterwards. He also rec'd AT&T,PFE and LU calls just as they were taking off.

But not all his recomendations have turned out good. He recd 80 puts on SLB last month which turned out to be a flop.

I am in two minds - I want to buy INTC leaps (average down on Jan 80's I paid over 20 for).

WDC looks like it is ready to make a run and I am tempted to take a small position on monday. Like u I bought and sold VVUS last week and looking for some good ideas. CBSL @31 ?, LU <70, HD < 68, MSFT < 88..
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