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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: John Graybill who wrote (2551)	7/7/2000 1:22:42 PM
From: chic_hearne	Read Replies (2) of 436258

Re: Aug SOX puts after July expiration sounds like the stuff. In the meantime, you're shorting one of the strongest in the bunch and I'm shorting the weakest one. We're not fighting each other. I'm long AMD calls, not short... for now, this will reverse in the next few weeks... I think you were talking about my plan to short or buy poots on Intel. The only thing that scares me about that is they split at the end of the month, then the stock may look cheap and trade up for a while. I think this same thing happened to Cisco when they split. ANALysts say forget about valuation, now you can buy it in the $60's.... poots are also very cheap to buy on Intel... It looks like that guy took his $7 million from NSM puts and started buying today.... The one I really, really, really want to short is RMBS. The problem with them is the "smart" money is already short RMBS and there's a lot of it, too much in my opinion. If you know what I mean.

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