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Technology Stocks : Intel Corporation (INTC)

INTC 46.48

-3.6%

3:59 PM EST

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To: Cary Knoop who wrote (8419)	1/15/1997 7:07:00 PM
From: Curiosity	of 186894

Cary, Your ignorance of put/call ratios and their effect on stock prices places you in the novice category. History, is a good teacher. We watched this bullshi* activity in October, November, December and again this month. Last earnings report same action. The following week the stock took off. I don't care which way it goes. I'm on the sidelines waiting for 140 or 135 then I'll get back in. You might enjoy my posts 5192 and 5196. It will probably close on Friday at 140, however, the ratio favors 135; unless they have already worked out their inventories. 28 Million shares, avg price of $145; $4 billion; this is not the little guy. These are the big institutions taking profits at the right time so as to not need to pay millions in options payoffs. Vegas don't mean "dip" when it comes to a good time to take profits versus a not so lucrative time. Pocketing some profits and call option premiums hey-hey-hey, good $$$$$$$. As you probably didn't know they sold 12,000+ Jan 150 contracts just yesterday. Why would they pay those, when they could take some reasonable profits and pocket the premiums. Common Sense... I'd Say... The hell with the Academic/Theoretical crap. If it was a true-sell off the premiums in the coming months would not be so outrageous. They know its going up and they are going to make you pay for it through a hefty premium. If your offended by this post. I could care less. If you had made your point to Ibexx without such a condescending "here we go" approach I probably wouldn't have said a thing. I'm not interested in your opinion. You need not respond. Curiosity+ (a.k.a. FAHD)

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