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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	7/17/2001 12:03:19 PM
From: Electric	Read Replies (2) of 37746

My view on INTC this PM.. I get the feeling that INTC will meet expectations (no matter what it takes to do so) and will have a CC that is not as bad as the street is expecting and the stock will rise. There are way too many people on the dark side with this stock, and it isnt selling off when it really ought to. If I was playing this short I would insure with some calls or play both sides for the volitility. I know in the past that the market usually takes it easy on INTC,IBM etc and we all know how horrible the sector is..since it isnt a secret I think the reaction will be positive on the stock, much like NVLS (how it didnt really sell off on the news like it looked AH last night). Someone has to say they can see somthing outside the current chip environment, I dont think INTC will say they have visibility, but if they did..I wouldnt want to be short anything..

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