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Technology Stocks : Intel Corporation (INTC)
INTC 47.49-5.4%1:38 PM EST

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To: jack c rains who wrote (5949)12/3/1996 10:49:00 PM
From: jack c rains   of 186894
 
I just realized that in my previous note, I said that I had sold out all of my long positions - that should have read most of my long positions. I still retain a very very small position in long Intel positions. Also, some may misunderstand my comments concerning puts in Intel. What I was relating in this case was to point out where one should have went into the Intel puts. I do not have any Intel puts. As I've said before, I'm awaiting the 5 for 3 stock split from Intel - even if I have to wait a while and trade in and out during that time. And, yes I may be wrong about this one - but again I don't expect to be always right. I just have my opinions and stick to them. I've been in this business so long that I figure that I know just as much as the newsletter writers, brokers, analysts, or whatever. By the time any info comes out on a company it is usually already known by others and old.Any put positions by me will always be in other high priced tech stocks during the interim period while I wait. Good trading. Jack
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