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Stocks B / Berkshire Hathaway


Subject:  Re: OT: Mungo, Help re: Options Date:  2/23/2013  10:26 AM
Author:  mungofitch Number:  199020 of 238934

How do you feel about the INTC Jan '14 options recommended back in Sept?

I have a bunch of 'em.
Clearly it hasn't done me any good yet!

Intel isn't my #1 pick, but the margin of safety seems substantial at current prices.
Their margins and therefore ROE in future probably won't be as high
as they were in the past, but it's still a formidable firm and they aren't going anywhere.
Earnings are a bit cyclical but that doesn't bother me.

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