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 (363)	4/14/1997 12:01:00 PM
From: Frank P.	of 640

Fuchi and All; The following was included in a Mercury Alert on INTC: >>Lehman Brothers said it raised 1Q estimates on INTEL CORPORATION (up 3-1/8 to 133-5/8 at 11:10 am EDT) to $2.08 a share from $2 a share and full-year 1997 to $8.93 from $8.85. Intel is due to report results after the market close today, with Wall Street traders saying the upper-end "whisper number" for the company's earnings is around $2.15 a share, with some seeing $2.20 a share as possible. (Reuters 10:48 AM ET 04/14/97)<< Oh well just another item to make the Intel Put trading interesting. I'm still holding and watching. I guess I don't have much choice. Remember their current earnings can be good; but their statements concerning earnings in future quarters could be (and I expect) very bad. Thus, we have good current eps, and early price reductions and poor prognosis for future quarters off-setting each other. It'll be interesting to watch it work out. Hell it's only money. Concerning the Bre-X 20x statement, that was an over the rainbow wish/joke. An exageration, if you wish, to imply unknown but a large rebound. Happy Trading; CROM

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