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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (110374)5/11/2000 12:25:00 PM
From: tejek  Read Replies (1) of 1582518
 
Just know that shorting Intel is tough because it has such strong institutional support; they can cause it to turn on a dime.

Also shorting Intel now might be bad timing. Its allready gone down, it might get a bounce back up today.


Tim,

Actually this AM a new spin has been put on the Intel chipset problem....its not that bad, it won't cost 100's of millions to correct, people aren't complaining that much (they read one of my posts from yesterday <g>) and viola, Intel's up 6 1/2....part of jump is the dead cat bounce but part of it is the new spin which I heard first thing on CNBC this AM.

It will be a very cold day in Hell before the analysts/institutions let INTC fall dramatically. That's why its not the best of shorts.

ted
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