Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 38.28

+3.3%

2:16 PM EST

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To: bambs who wrote (153303)	12/29/2001 8:19:33 PM
From: kapkan4u	Read Replies (2) of 186894

<I think INTC could and should crash to $10 in 2002. I am short currently as a result. It's hard to say how long this money printing, rate cutting, and mass media hype will continue to hold stocks like INTC up...When this market finally wakes up to reality...INTC will be crushed. I expect things to start rolling over with the start of the new year. I think insiders will start locking in gains on big cap tech as many have likely held off realizing gains until the new year. The market will likely puke up some bad earnings and guidance that will lead to a sharp sell off in the first few months of the year. I expect a full out crash by the end of 2002.> Good analysis. Add AMD Hammer to the equation and INTC at $5 by the end of 2003 is a real possibility. For the last couple of weeks I have been accumulating $20 Jan 2003 and 2004 puts in INTC. I am not normally a put buyer, but I like my chances here. Kap

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