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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (22481)1/20/1999 1:49:00 PM
From: The Jedi  Read Replies (1) | Respond to of 27012
 
Thanks, I know it looks toppy. When do you anticipate INTC to announce split. Is there a board meeting soon?

BKX has started to move. Any plays there?

Do you think IBM will be a good earnings play.

Kiri



To: Judy who wrote (22481)1/20/1999 10:57:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 27012
 
I have over 5K shares of Intc and some of them are 5 years old. I did the following:

1. Wrote 10 Feb 130 puts for $6 premium last week.
2. Sold 1K shares at $143 today.
3. Wrote 10 Feb 145 calls for $5 1/2 today.

I will be happy if Intc closes >$145 on Feb expiration date. Plan to hold the remaining shares long and trades via selling puts and calls on a monthly basis. I just "discover" that Intc can be a good trading stocks. Thanks Judy, for any comments.

p.s. I sold the shares cuz Intc is my largest(by far) single holdings.