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Technology Stocks : Cyrix 1 Where anything goes
CYRX 9.230+2.7%Oct 31 3:59 PM EDT

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To: Jeff Kirk who wrote (620)8/13/1997 2:39:00 PM
From: Investor A   of 640
 
Jeff,

I won't short INTC so aggressively by choosing Jan98 90 put myself since I would be more interested to catch the falling knife of it. :-)

As a technology loser, Intel stock should not worth more than twice of her book values ($10) since half of them has to be depreciated in the next three years when all the x86 processors move from .35u to .18u.

There is one thing wonderful happening. It used to be a proud and previlege behavior to choose the most expensive Intel CPU. The whole scene has changed that the end users have to find good excuse to defend themselves not stupid to choose the bugged and expensive Intel processors. Intel is having hard time to sell their "expensive" chips to the public now. It is going to refelect to their Q3/Q4 earning.

I just bought another 50 INTC Jan98 65 to catch its free fall. Let it fall like a rock. ;-)

Fuchi
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