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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (18350)6/29/1998 11:33:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
I would like to initiate some earnings plays on INTC and CPQ. Market is expecting that INTC will beat the lowered numbers, I will tend to agree with this sentiment, this is a high risk venture as 80 calls will expire worthless if INTC disappoints. I am going for Aug 80 calls and CPQ 35 calls for Oct. I would also like to think that these positions should only be initiated once 1892 is taken out, I like SBEL and Cadence also.

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