Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BSGrinder who wrote (63552)	6/30/1999 11:28:00 PM
From: Knighty Tin	Read Replies (4) of 132070

BS, At $60, Intel puts are a layup. This quarter is going to be an odd one. The bulls will take some solace from what will nominally be a good bottom line, mostly thanks to investments in internet trading sardines. However, the bears will immediately note that the inventory is completely out of control, that there is no growth, and that the PIII is a flop, and the sales are mostly lower margin celerons. AT $50, I think the bulls win. At $60, the bears win. So, I own puts on Intel and will buy more if it goes a wee bit higher.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next