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

To: Pullin-GS who wrote (66212)	10/11/1998 5:16:00 PM
From: nihil	Respond to of 186894

RE: Uneasiness over corrections For one with large INTC investments, I find buying $200 worth of really cheap one month puts (teenies) works like a draft of mandragora. One feels like a rat for cheering when the stock drops to 77 or so and the teenies triple or quadruple in price and you play this game of when to cash in, but it keeps your mind occupied and a week later when things have returned to normal (or what passes for normal these days) you find yourself relaxed and just a little bit richer, ready to play again.

To: Pullin-GS who wrote (66212)	10/11/1998 9:18:00 PM
From: Dale J.	Read Replies (2) \| Respond to of 186894

Pullin-GS: ReGiven that the year is winding down (tax loss selling, global market concerns, etc.) I don't expect we will be seeing recent highs above 92 in the near future. INTC started the year at about 70, Tax loss selling shouldn't be a problem for Intel. Also, we are mostly done with Pre-announcements, so I am looking for a near-term rally. But I agree with you its a mixed bag. Lower interest rates, but a global recession looms. I am looking for stronger INTC earnings, but weaker S & P earnings. Dale