Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 51.13

+5.9%

1:28 PM EST

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To: jmac who wrote (9654)	1/30/1997 6:57:00 PM
From: Richard Halberstein	of 186894

>>>I still can't imagine why anyone would buy IBM puts to hedge INTC. As a member of the "silent majority" here on SI, it is precisely a statement like the above that confirms my opinion of you as a dullard(I say this, of course, with all due respect). "Imagine" IBM's position in the market. "Imagine" the market is long overdue for a correction. "Imagine" the money leaving IBM and going into Intel. Now can you imagine why buying IBM puts is truly a great idea? You can't, can you? Thought not. Richh --long on Intel, short on IBM, happy as a pig in Zitel

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