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

To: Howard Feinstein who wrote (39033)11/5/1997 10:39:00 PM
From: Paul Engel  Read Replies (1) | Respond to of 186894
 
Howard - Re: "Any thoughts appreciated. Thanks."

Wait until next week. Intel is having an analysts meeting this Friday and rumors have been flying high and fast about everything from dummed-down Pentium 2's to CPU giveaway programs.

Anything could happen at that meeting - but I suspect none of it will be good,

Right now, the sentiment is bearish. That should drive down the stock some more.

As soon as all the Genius Analysts publish Intel's obituary, that will be the "buy" signal.

Paul



To: Howard Feinstein who wrote (39033)11/5/1997 10:57:00 PM
From: Night Writer  Read Replies (1) | Respond to of 186894
 
Sold Jan 99 LEAP 85 puts against INTC stock I own. Used proceeds to decrease cost of stock. Will sell stock to cover LEAPS it does not appreciate before end of 98. Think it is good time for a high leverage play on this excellent company. Don't recommend if you are risk adverse. However, I don't see INTC under 85 by end of 98. Doing this because I am totally invested in market at the present prices. No cash left:>)
NW


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