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Technology Stocks : Intel Corporation (INTC)
INTC 50.22-0.7%Feb 9 3:59 PM EST

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To: Bernie Reed who wrote (9058)1/23/1997 8:51:00 AM
From: Jules B. Garfunkel   of 186894
 
Bernie,
Your, "judging from todays close on IBM looks like you made a GREAT call (no pun intended) on the PUTS!"

Thank you very much for the compliment. However, a large share of the recognition should go to Jack Rains. As always, his posts here and in private e-mails to me over the weekend, had a great influence on my decision to buy IBM's Puts on Tuesday. Perhaps had this BB been less congested over the weekend, we could have had a good discussion here on the reasons behind the IBM Put purchase. However, as I recall, there was a poster who was too busy crowing over his Friday Sale of Intel calls. Never, mind that he had previously switched his outlined plans twice before, over the last month. I would not say anything, but this same prolific poster has the nerve to criticize Jack for fluctuating on Intel, and Jack's in and out Intel velocity, but has a memory loss of his own vacillations.
Jules
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