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Technology Stocks : Intel: Short Term Stock and Option Trading/Strategies
INTC 39.99-0.4%Oct 31 9:30 AM EDT
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To: Nancy who wrote (160)3/24/1997 2:53:00 PM
From: jim shiau   of 220
 
Nancy Ho,

If you learn the lesson from CSCO, then how come you still hold INTC. I don't see anything wrong in INTC except it got ahead itself too much, and unknow status of AMD K6. You know WS people hates the uncertainity. So, I expect INTC will drop or side walk, until everyone knows AMD K6 status. By the way, earning time will not save INTC, since WS is looking the future, not current.

I learned a very pain lesson from COMS, and it costed me 40% of core value. Fortunely, I sold out all the INTCW, ASND, and CSCO at the same time. The major mistake I made was use the margin to catch the falling knife. ouch.

Jim S.
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