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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: robert w fain who wrote (7584)1/8/1997 12:56:00 AM
From: jack c rains   of 186894
 
Robert, essentially your statement concerning the LEAPs protecting you if they later go up, but if a prolonged bear market happens you just lose more is correct. Concerning when to get out of the LEAPs, that will have tobe your call. Anything can happen - good or bad - with Intel or any other stock at any time - unexpectedly. Thus, it is just a matter of meeting your objectives and if you are comfortable taking profits there, then do it. If you want to let it ride, then that can be done also. But, one thing you should discipline yourself to do is move out of things when they start going against you - especially when you have profits already. You can always buy back again later - maybe at a even more favorable price. It's one thing to hold onto stock going down, but it is quite another thing to hold onto any option going down. Sometimes, they don't come back while one can hold a good stock like Intel forever and make it back later on. Good trading. Jack
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