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

To: MichaelW who wrote (38979)	11/5/1997 12:19:00 PM
From: Jeff Mills	Respond to of 186894

Kids, be sure to watch: Intel's companion film The Journey Inside: A Learning Adventure in High Technology will be broadcast on the SCI-FI Channel on Thursday, November 6 from 4-5 p.m. EST and on Saturday, November 8 from 12-1 p.m. EST.

To: MichaelW who wrote (38979)	11/5/1997 12:46:00 PM
From: broken_cookie	Read Replies (1) \| Respond to of 186894

Michael, Your post bears a remarkable resemblance to the originator of the thread. :) Support at 75 is holding today. Ferocious support exists at 70 and again at 62.5. I'll re-enter INTC 1/4 position at 75, 1/2 at 70, and ? from there. That's the paln for now anyway. Longterm, holders of shares will be fine. Leveraged positions such as INTCW or LEAPS have been hurt worse. Short term options holders have been crushed. Regards PS I hate the idea of a L2 cacheless P-II. Had a P5-60 with no L2 once; vastly slower than 486-dx266.

To: MichaelW who wrote (38979)	11/5/1997 1:04:00 PM
From: L. Adam Latham	Read Replies (1) \| Respond to of 186894

MichaelW: Examining the amount of open interest in November puts and calls shows that the payout by the writers is minimized at $85 (as of today). Whether you believe that the MMs can move the price to their benefit or not, the closing price on expiration day is rarely more than +/-$7.5 from the minimum payout amount, usually within +/-$5, and I think it's been greater than $7.5 only once (in July) during the ten months I've been tracking it. So from a historical basis, I would predict that INTC will move up from today's $75ish range to at least $77.5, and probably close to $80 by November 22 (expiration day). This has guided me successfully over the past ten months in selling puts and calls, with only one assignment occuring (in July). Good luck, Adam (My opinion only, and not Intel's)