Cyrix 1 Where anything goes Message Board

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Technology Stocks : Cyrix 1 Where anything goes

CYRX 8.760

-0.8%

3:59 PM EST

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To: Investor A who wrote (317)	4/3/1997 4:04:00 PM
From: Frank P.	of 640

Fuchi: Re: Intel Apr 130 Puts I don't like what I see here. The 365 day Daily chart is showing Intel's price moving smartly to the 50 day MA. Also, the Intra-day charts for the last few days have shown pretty steady uptrends. With the stock currently at about $139/140, and the anticipation of their announcements on 4/14/97, I expect INTC to bounce at least to $145. I don't anticipate, even on an Intra-day basis, for INTC to go low enough for you to make any money on the Apr 130 Puts. Now if there is something that you know and I haven't considered above, please let me know. Like AMD is really buying INTC and has a good strategy for driving the price down in the short term. As I indicated in the e-mail. I do expect there to be money in the 130 Puts; but I don't expect to see that until after the Apr expiration. The ROM

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