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

To: robert marshall who wrote (44035)	1/5/1998 8:48:00 PM
From: Mo Chips	Respond to of 186894

That doesn't seem like too hi of a premium to buy, and if there is a surprise you could make a quick buck. But I am the last one to ask about options. I got burned there buying calls and have vowed not to do it again. Its fun to guess though... Mo

To: robert marshall who wrote (44035)	1/5/1998 8:56:00 PM
From: john defreitas	Read Replies (1) \| Respond to of 186894

robert,i just looked up jan75 on fidelity and the last sale was 1 1/8. the high today was 1 3/6 and the closing spread is 1 1/16-1 3/16. if you sell these calls why not use the money and buy some jan70puts which closed at spread of 3/4- 13/16.... i am long on intel,but not this quarter.....i don't see any tech stock coming out with blowout numbers this quarter that will propel their stock and expect cautious comments for q2....just an opinion. www.news.com reports today intc sitting on 3mil unsold processors.