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Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

Dec 5 9:30 AM EST

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To: John O'Neill who wrote (69677)	12/10/1998 12:07:00 PM
From: Paul Engel	Read Replies (1) of 186894

O'Neill - Welcome back - How's your $122 and $140 Amazon short positions? The $122 is almost back to the $100/share loss with Amazon at $218+/- today. Thinking about shorting Intel again? Go for it - you can get rich quick - just like the last time you shorted it - at $94! Hey, it's only up $22 since you did that ! {=====================================} To: Paul Engel (67944 ) From: John O'Neill Thursday, Nov 5 1998 10:49PM ET Reply # 67971 of 67972 Paul...I tell you what.... As I said I have 500 AMZN short at $122 &change and 20 $60 June puts on McDonalds. Today I shorted 500 INTC at $94 intraday. I will post to you when I close all or part of these positions but not until then. Again these positions are a HEDGE against a severe market correction.........In the case of AMZN, I think it's overpriced with competition. With INTC, who knows? JO {====================================} Paul

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