Cyrix 1 Where anything goes Message Board

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Technology Stocks : Cyrix 1 Where anything goes

CYRX 8.845

+3.5%

Nov 11 3:59 PM EST

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To: Investor A who wrote (340)	4/10/1997 3:18:00 PM
From: Frank P.	of 640

Fuchi & All; Re: exchange2000.com I certainly hope INTC, at least temporarily, falls below 110. I am holding some 110 Puts. Your thesis that we should see some Intel "bad news" daily is in line with my thinking. This will be done for one of the two following reasons; 1) They want to drive down the price in anticipation of a bad quarterly earnings report to attempt to buffer the overall fall off; 2) They (?) want to drive down the price so they can buy in prior to the release of a good quarterly earnings report. In either case our Puts should be in good shape, in the short term. If they release a bad earnings report our longer term Puts should be good for a longer term. If they release a good earnings report it may not be catastrophic to our longer term Puts. Especially, if they manipulate their earnings report to hold up the current quarter at the expense of future quarters. Oh well, your guess is as good as mine. We should watch what everyone is saying to determine if they are pumping up this quarterly report by deferring losses into subsequent quarters. Good Trading; CHROM

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