Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Charles R who wrote (62275)	6/18/1999 10:29:00 AM
From: kapkan4u	Read Replies (1) of 1578503

<Chuck - re: I think you are right. I think Intel is pinned to 55 (i.e. 54 5/16-5511/16 for the close). However, for that very reason, this may represent a good shorting opportunity for someone with the risk profile to play that game. If not next Monday, there should be a decent payoff within two weeks.> Intel's Q3 and Q4 performance is looking significantly bleaker today than it did a week ago when INTC was trading in the low $50s. I think that you are correct in that we will be testing the recent lows the next week. Kap.

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