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To: unclewest who wrote (6373)9/19/2000 12:35:00 PM
From: Uncle Frank  Respond to of 22706
 
My ET bought some intc calls last Friday (-inqjs @ 4 3/8).

The theory was that Intel was being hammered for no good reason, the nasdaq was down, and there would be a rebound following triple witching Friday. Just looking for a couple of points worth of vacation money. They've got a bid of 4 7/8 at the moment. I'll probably close out the position before I leave on holiday tomorrow.

Based on fundamentals, I think intc would be a good play right now, and would favor the leaps.

cuf@sorryforthebloat.com