Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Robert Smith who wrote (4461)	10/22/1996 8:47:00 AM
From: Paul Chiu	of 186894

Nope. It is bidding at 107.75. The fact that Microsoft only came in at 5 cents above estimates spells trouble for techs today. I've also heard that Seagate and other disk makers are out of 'ultra-scsi' hard drives for the year. The combination of no 'top-line' pentium-pros and no 'high-end' scsi drives for the upcoming holiday season could force vendors and manufacturers to cut prices on lower-performing components to spur demand. Profit margins could be hurt. Time to buy puts for long-term investors. The April 97 100's at 3.5 looks good at 38.4% implied volatility.

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