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Technology Stocks : Cyrix 1 Where anything goes
CYRX 9.310+3.6%11:13 AM EDT

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To: Jeff Kirk who wrote (620)8/13/1997 4:18:00 AM
From: allan e   of 640
 
I hope Fuchi is out there. I myself am in Alaska, one hour behind Washington State, so I am usually the last person on the Cyrix thread to go to bed at night. One thing I wanted to say, is that I really admire your enthusiasm in Intel puts. The funny thing is that I felt that I had a better understanding of Intel Pre-Split than Post-split. I feel the same regarding pre-Cyrix merger vs. Post Cyrix Merger.

My point is the following. Each time Intel reached the 160 mark pre-split, I had an instinctual feel that it was going to fall. I never had the guts to capitalize on it, but I knew it was going to happen. But now that it is post-split, I do not trust Intel. There are double the shares out there, but the market acts as if it doesn't realize this. I never thought that Intel would reach two hundred, pre-split but look where we are standing today. My point is that post-split Intel stock dynamic is quite different from those of the pre-split market action. I greatly admire your anti-Intel bullishness but post-split I would say beware. I have no love for Intel, but this is just my humble opinion. All my best. Allan E.
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