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Re: intel??????



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Richard:

At 04:45 PM 2/23/98 -0500, richard tobiassen wrote:
>hi,
>i bought some intel puts(march 90's).............any intel bears out
>there??????
>the analyst at merrill isn't happy with intel states chip glut and other
>things....i think it's at it's top for a while......or at least near it.
>
>good trading
>rich t
>
>
>

At this time it looks strong.  I plan a 4-5 month put position in 
the Morgan Stanley High Tech 35 Put (MSH).  Intel is looking like 
it will first go to 100, then take it's hit.

Pete

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