SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Taylor who wrote (33657)10/3/1997 12:48:00 AM
From: Paul Engel   of 186894
 
Mike - Re: "If this is same approach as Fuchi ... so what?"

So What? So Fuchi LOST EVERY OPTION when he bought Intel PUTS.

You didn't pay any attention to the details of what he was buying. He was buying Intel PUTS when Intel was (after correcting for the 2 for 1 split) selling for $60 - $70 per share and he was buying PUTS with strike prices BELOW the market price.

HINT - Intel has gone up to $93 in the 7 or 8 months since - every one of his puts expired worthless.

Then there are his predictions of $200/share for Cyrix! Get real!

Fuchi is driven by hate - hate for Intel. Period.

He has no conception of investment - just a dream to see Intel destroyed.

Follow his dream, Mike - follow Fuchi into the sunset.

Invest heavily on his advice.

I honestly encourage you to do so.

In two years, you will thank me for this advice. Take it. Follow Fuchi .

Paul
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext