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


To: Amy J who wrote (130616)3/22/2001 9:57:14 AM
From: Elmer  Read Replies (1) | Respond to of 186894
 
Translated: giving a gift, doesn't necessarily mean a person has dumped the stock - it usually means they prefer to donate their money to charitable organizations rather than to the government's IRS department

Well exactly. He's given away over 175 million Intel shares.

Btw, how are you doing on your call strategy? One advantage to this downturn is, I've picked up about 20% additional shares of high-tech stocks bought through writing covered calls and through a premium on a collar, in addition to increasing cash position to 10%.

I'm doing OK. I'm keeping my head above water and adding to my share base of about 10 stocks. I guess anyone who hasn't been wiped out is doing pretty good.

Good luck

EP