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

To: Jim McMannis who wrote (68364)	11/11/1998 10:53:00 AM
From: JDN	Read Replies (1) \| Respond to of 186894

Dear Jim: Agreed! Especially with a battleship like INTC. Once the forward momentum going hard to stop it and certainly not on a dime. JDN

To: Jim McMannis who wrote (68364)	11/12/1998 1:53:00 AM
From: slurper	Read Replies (1) \| Respond to of 186894

Jim your post 68363 mentions your thinking re "trading out". As a good general rule,when you own stock in a premier company like Intel ,rather than trade out,you should write calls. This will give you a considerable profit if you choose to get out or if the stock goes up and you want to make even more money, buy it back at the expiration date and sell the following month at the same strike price. A friend of mine got out at 68 and is kicking himself.I sold 75 calls, then 85 and now Jan105. If Intel is105 at expiration, I will sell the April105 for the same $10 it cost me to buy the95 back.