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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 9:30 AM EST
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To: jmac who wrote (8541)1/22/1997 9:51:00 PM
From: Barry Garner   of 186894
 
We as INTEL option market makers are not looked upon favorably? (chuckle). Let me tell you that it wasn't pretty when all you retail guys stared buying intel options four weeks before earnings and volatilty exploded so that the April 145 calls that I sold to you at $10 with the stock at 135 were trading $12 dollars three weeks later with the stock still quoted 135. It wasn't pretty but we survived.:)) So much for options decay.
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