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Technology Stocks : Intel Corporation (INTC)
INTC 47.76+1.3%10:17 AM EST

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To: jack c rains who wrote (5949)12/3/1996 10:46:00 PM
From: P.Prazeres   of 186894
 
Jack,

Given the amount of calls that are open on Intel, it sounds to me that you would not be surprised to see Intel at the 115 to 120 level in the nexts few weeks.

Also , what do you think about getting in on some puts on some of the semi-equipment stocks esp. LRCX and AMAT. They have gone too high too fast and seemed to make a short term top today.

Given the open positions on these, 30 to 35 is not out of the question.

Paulo
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