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To: Jack of All Trades who wrote (41255)6/21/2000 5:16:00 PM
From: John Graybill  Read Replies (2) | Respond to of 42523
 
I find it amazing that the street did not award Intel better today for the extra $1.322B added to their cash position

Message 13921741

Hadn't thought of that -- INTC has about 3.5B shares outstanding, that's like an extra 33c in EPS magically appearing on the balance sheet this quarter. And they're still holding a ton of POS1 (MU) stock at even higher prices.



To: Jack of All Trades who wrote (41255)6/21/2000 8:49:00 PM
From: AllansAlias  Read Replies (1) | Respond to of 42523
 
INTC was soft today and ended flat. It will give back. I think it is a little late to be getting puts with leverage, but if the open is strong, I would look at them again. Anything from 130 to 135 should be pretty safe.

--Allan