Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Stonehenge who wrote (14150)	12/9/1997 1:22:00 AM
From: David M Gambs	Read Replies (1) \| Respond to of 27012

Stonehedge, most options expire worthless and small guys who are not sophisticated like the big boys get screwed. You could try selling LEAP puts. While still predicting the market, the worst that can happen is you buy the stock. Example: INTC will be flat to up over the next two years (IMNSHO). If you sell Jan 2000 puts at strike 80, you get about $1300 per contract. The down side: if INTC is selling for about $67 in Jan 2000, you may end up paying $8000 per contract. I think INTC at $80 is a good buy given the current market & technology. Do I think INTC will be above $80 in Jan 2000? An unqualified yes. The only way to get 'caught' is if Andy & company miss an 'Inflection Point' and Intel® misses the boat like IBM did. Just one opinion. Do your own due dilegnece. Regards, dmg (Go INTeL® Go to $200 [post all splits - past, present & future])