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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 (637)9/28/1997 3:06:00 AM
From: Investor A   of 640
 
Jeff,

Have you noticed that INTC has been closed below its 50MA for the consequent two days since 7/14? It must have things inside Intel not announced yet that depressed its stock prices. I guess that it could be bad earning from the low ASP during 3Q. To save their own face, Intel just could not issue the pre-announcement of bad earning warnings for the consequent two quarters. Therefore, Intel will just release the 3Q earnings as schedule no matter how 3Q earning dropped off from the street expections. Considering the H-U-G-E run-up costs and the written-off depreciation costs from the imigration of .35u to .25u, my speculations are quite possible since few analysts considering these cost impacts towards Intel. What just happened to AMD could happen to Intel TOO!

The coming Monday and the whole week will be very interesting for INTC shorts. We might witness its meltdown before 3Q earning is announced.

Fuchi ... who loves Cyrix's innovations
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