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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (2300)4/15/1998 9:35:00 AM
From: Jurgen Trautmann  Respond to of 11051
 
Gersh, there's a missing balance between mm's and private investors

writing options. As usual, I don't know numbers, but this seems to me being evident.

Thus mm's have a lot to lose while underlyings trend to do what the market was expecting - and LOGICALLY they try what they can to optimize, in our case (Intel) SELLING the stock (if necessary even shorting) so that call-owners can burn their contracts.

Nevertheless, I don't think that this is a winner-strategy - more a strategy for minimizing losses.

And, probably this is also causing more professionals to jump out of there windows than private gamblers use to do that.

Jury



To: Gersh Avery who wrote (2300)4/15/1998 9:44:00 AM
From: Jurgen Trautmann  Read Replies (2) | Respond to of 11051
 
1 + 1 = 1

We have a small player more on our table - Intel esquire itself.

NOBODY has bought as many Intel-stocks as Intel did during the last month. Nobody could consequently more profit from low Intel-prices than Intel did.

NOBODY else has better tools at hand to manipulate stock-prices than the management of the company itself.

NOBODY has ever been winner in a business with Intel but Intel itself - why should we?

Jury