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

To: Kealoha who wrote (42976)	12/20/1997 7:55:00 PM
From: Shahen Petrosian	Read Replies (1) \| Respond to of 186894

> Please make the Jan INTC puts I bought worthless come about Jan 15th. ;-) Let's hope that happens. In the meantime hedging your position with puts was a good idea given the way this Stock has been beaten down. Wish I had done the same. Never had the guts to buy puts against Intel. May I ask, what Intel was at when you decided to hedge against your holdings? I hope we are the bottom. I think Intel held up pretty well the first half of the day on Friday before things turned around. Long term I'm extremely bullish on this stock and I'm not terribly concerned about a few quarters but it sure is much more fun to be at a 52 week high than this current situation. Good Luck Kealoha! Shahen