Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 46.47

-4.5%

Jan 30 9:30 AM EST

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To: jack c rains who wrote (7545)	1/7/1997 10:11:00 PM
From: robert w fain	of 186894

Thanks Jack you helped me get a better perspective on the reason to buy 1998 vs 1999.The Bear market and a correction must be considered and planned for differently is the main thing I guess you made me realize. could you agree that leaps are good to guard aginst a sudded market correction or a problem at INTEL(because you have time to recover) but if a prolonged bear market starts you just loose a bigger stake because of the upfront cost being higher? The 130's closed at 41.75 today --I am in at 32.75---Do you think out at 52.75 is to quick or what about out the day before earnings? I think they would have to announce $2.15 to get a boust out of earnings with out loosing ground so if the stock takes a break after earnings how much do you think---$6---$8 down and then back up to where by when? Thanks again for taking the time to help me learn.

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