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

To: Elmer who wrote (131354)	3/30/2001 3:55:54 PM
From: kapkan4u	Respond to of 186894

<I assume you mean CCs.> Yes. <Why the emphasis on cash at a time like this? Buy low you know.... > Markets go up or down, but if you get cash every month, it stays with you. I don't think that NASDAQ, DOW or S&P are low here. The earnings are shrinking faster then the stocks are dropping. 50% more down and I will consider some new positions, until then cash is good. <If your AMD shares are giving you the margin to write those puts you could be in deep dodo should AMD tank. > I am touched by your concern. Not to worry, with 400 puts outstanding, AMD will have to go to about $8 a share for me to get a margin call. <Why are you playing around with such small INTC short positions when you're short 400 AMD put contracts?> Shorting INTC is for fun. Writing options is for money. Regards, Kap