Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: robwin who wrote (32930)	9/27/2000 11:18:47 PM
From: bonnuss_in_austin	Respond to of 35685

Damn, Rob -- are you sure it's not too late? Yes, I'm thinking of selling my house -- if I can turn the damn thing within a week -- to put all profits into Tom's reco of those INTC Jan 01 60s ... and perhaps I'll also margin out all the credit card limits -- I have good credit. Might be able to scrounge up another $50K or so going that route. Hell, I'd be a fool NOT TO, eh? Tom KNOWS ... therefore, here we GO. No questions asked. Sell everything you own and put it into Voltaire's angelic whims. 'Selah' right back at ya, buddy ... And be sure to ask Tom what that means ... but he doesn't know. We went thru all that pesky definition of 'selah' on this board before it 'became' moderated ... he picked it up from a Jewish journalist ... a columnist, I believe he posted ... from the Atlanta Constitution newspaper, and that was 'good enough for him,' okay? What's it really mean? F**k it, says Voltaire. Doesn't matter. It just SOUNDS GOOD. ;) 'b-i-a' ###

To: robwin who wrote (32930)	9/28/2000 7:31:04 AM
From: Clappy	Read Replies (1) \| Respond to of 35685

By the way, got a hot tip for you, buy as many INTC January 60 calls as you can get your hands on...it's a screaming buy at these prices... Looks like you could be right. From the CBOE Options chain: 01 Jan 60 (INQ AL-E) was last traded at 1 3/8. Pretty cheap. Figuring if you average down if it drops further... I wonder where INTC might be 4 months... 10 contracts for a little more than $1,300. So $1,300 is my downside. My upside? INTC has four months to move higher. At any point between now and Jan. expiration I can sell. There is a huge gap in INTC's chart between 50 and 55. Should the "struggling" INTC ever make a move to close that gap, I wonder what the Jan 60's will be worth. Sounds tempting. What else do you like? I'm learning a lot from you. -Clappy