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To: ajbrenner who wrote (51398)8/16/2001 1:23:29 PM
From: niceguy767Respond to of 275872
 
ajbrenner:

"Couldn't help myself just bought 3 INTC Aug 30 puts for 95 cents.
Really hoping Dell tanks things tonight."

INTC continues to hang in very well at $29.30 (relatively thin volume) considering the overall negative environment...Any dip below $29 (maybe this PM if a rogue rally fails to materialize)probably signals a fairly rapid $27, and maybe, Dell might be the catalyst this evening!



To: ajbrenner who wrote (51398)8/16/2001 2:30:39 PM
From: TGPTNDRRead Replies (1) | Respond to of 275872
 
AJ, Re: <Couldn't help myself just bought 3 INTC Aug 30 puts for 95 cents. >

That seemed like such a gutzy move I did a little poking around.

WSJ, 8/16/01 -Dell Computer Names George To Chief Marketing Position

Sun Microsystems is asking its U.S. workers to take five unused vacation days before the end of the year as a cost saving move, Sun confirmed Thursday.


Well, OK,I'll bite -- bought inquf @ $1.90. Paid an extra buck for an extra ~38 days?

Good luck.

tgptndr



To: ajbrenner who wrote (51398)8/16/2001 11:17:00 PM
From: Mani1Respond to of 275872
 
Re <<Couldn't help myself just bought 3 INTC Aug 30 puts for 95 cents...Really hoping Dell tanks things tonight.>>

Dell and HP's earning was pretty much as expected, pretty poor.

Dell even guided DOWN for next quarter. Both said no sign of strength and Europe and Asia are weakening.

INTC's quarterly conference calls is first week of September, maybe for the sake of your August 30 puts, they let the cat out of the bag earlier.

Mani