Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.72

-2.3%

3:59 PM EST

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To: Jim McMannis who wrote (70275)	12/28/1998 4:18:00 PM
From: Paul Engel	Read Replies (2) of 186894

McMannis - Re: "You own Amazon stock? You must be getting nervous. I hope you have a large cushion. " I don't own any AMAZOn but I have been selling PUTS on it from $37 1/2 up to $120. What a Cash Cow ! The "shorts" keep this stock elevated at incredible levels and there is always a fool who will buy an AMAZON put with a strike price $150 to $200 below the current market price. That is a BIG CUSHION ! Paul

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