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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: jaypeter who wrote (7950)1/12/1997 8:32:00 PM
From: jmac   of 186894
 
Jaypeter, I like to worry. Worry is good for the heart, soul and pocketbook. I am worried about interest rates, especially if we hit that magical 7% number. A big drawdown in the DOW always carries over to the rest of the markets. I am not saying that this is going to happen. But, it is my largest concern. What a better way to spoil the fun of great earnings for INTC. I have been waiting for 1st Q earnings for a long while. I just don't want anything to spoil the party.

I have more INTC now than ever before. I am surprised at the level of speculation in INTC (it's very low with just two days left). I can buy a 135/155 spread for the stock equivalent price. That is really odd for a stock which EVERYONE thinks is going higher this week. The options were especially quiet last week. I am in it for the long haul but like to miss those 8-10 point declines if I can. Last time it went from 138 to 127, I was able to buy more at 129. I missed the two earlier times. I would prefer not to get another "buying opportunity".

GO GREEN BAY!!!!
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