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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Burt Masnick who wrote (96878)1/20/2000 2:21:00 PM
From: Yaacov  Read Replies (1) | Respond to of 186894
 
Burt,

Thank you kindly for your post. I have three separate approach to making money work with INTC, and several other stocks:

1, I buy and sell on daily basis, working with 2 points
margins. You multipy the two by 300 working days, that is
600 points! My buying or selling commission is 1 cents per
share and we are exempt from capital gain or income tax when we trade in US Equities! So that give more than long term. When shares don't in two trading Sessions I pu them
in medium term portfoglio and sell covered calls on them to generate income and cover the cost of money!

2. I buy and sell INTC with 10% margin. This is medium term.

3. I have owned INTC since a year after they went public and
being adding to it over years. Ups or downs with INTC don't worry me with the long portfoglio!

So now you see what makes me nervous, the daily trading! ggg

"Ashri Ha-Maamin"

Kind regards,

Yaacov



To: Burt Masnick who wrote (96878)1/20/2000 3:09:00 PM
From: JDN  Read Replies (1) | Respond to of 186894
 
Dear Burt: Its not that Yaacov is impatient, its just that at HIS AGE he doesnt even buy GREEN BANANNAS!! JDN