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

To: miraje who wrote (49503)	3/4/1998 10:59:00 PM
From: Barry A. Watzman	Respond to of 186894

>re: "The timing of this news couldn't have been worse for those of us who have just converted warrants" Welcome to my boat, but it could have been a LOT worse. I had to sell some of the warrants to get the cash to covert the rest. THANK GOD I did it LAST week, with the stock in the 90's. The people who I really feel for are those who were in this situation and hadn't yet made the sale. And the one person on this board yesterday who BOUGHT warrants YESTERDAY as a short-term investment hoping to make 10% by Monday (you see Baldie, things COULD be worse). Well, one difference, I'm in an IRA, so I can sell without worrying about the tax consequences. But at this point, the smart thing might be to hold on, I do not think that Intel has seen it's all time high yet, or even it's 2-year high (looking forward).