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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sarmad Y. Hermiz who wrote (29201)	3/9/2006 3:17:58 PM
From: BWAC	Read Replies (1) \| Respond to of 95757

INTC April expirations option play shaping up. Buy the 17.5 puts for 10 cents, 100 of them. Start selling the Apr 20's for 80 cents today, 10 of them. And add on dips. Maybe a second batch at $1, third at 1.20ish etc. Close position on any rises. Flip around thru 4/21 expirations which get you past the 4/19 earnings date.

To: Sarmad Y. Hermiz who wrote (29201)	3/9/2006 3:22:27 PM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 95757

Sarmad, I might be crazy, but I just bought some shares of INTC, and FWIW, I certainly agree with you on the market being in a "crappy" mood. I thought today might be a "relief day" from the last 5 days of selling, but it looks like I was wrong again. The selloff was so severe at about 12:35 when the NSM results were released that literally all semi stocks and indices were affected. The NASDAQ dropped over 3 points, and the SOX lost 5 points. We're just lucky there wasn't any "bad news" to report.:) Don