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Technology Stocks : Intel Corporation (INTC)
INTC 40.34-2.6%Dec 8 3:59 PM EST

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To: Elmer who wrote (155618)1/16/2002 9:51:44 AM
From: willcousa  Read Replies (1) of 186894
 
This is not about the analysts understanding what a reasonable capex would be for intel in 02 nor is it about what a reasonable expectation of intel capex should have been for the tech equipment companies. It is about one more opportunity to beat down the tech sector coming into option expirations on Friday. The tech equipments had run well above the max pain point (the market price for the stock which leaves the most outstanding options contracts to expire worthless). Now they have been driven into the optimum range. Big profit days for the options market insiders.
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