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

To: jmac who wrote (49938)	3/7/1998 2:45:00 PM
From: David S.	Respond to of 186894

jmac, I get your point about the leaps, and by the way, you need not apologize. Nonetheless, it still is a heck of a premium, and if Intel stays rangebound for some time due to the product transition, you could loose your profit by premium erosion. I bought KO leaps for 1999 and 2000 four months ago (deep in money 50s) and just sold them for a nice profit and they had almost no premium. That was more like the warrants. Works well. Price followed stock $ for $. Regards, David S. Long on Intel, Iomega and Neomagic By the way, rumor of Neomagic buyout by Toshiba