Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (6252)	10/13/1997 11:15:00 PM
From: Richard J. Byrd	of 94695

Bill: I agree with your prediction for a sell off this week, and I agree it is not going to be THE BK. I do think that INTC's earnings report will be critical. Certainly if they are even 10% below expections, this will be taken as a symbol of bad days ahead for the tech sector, and that sector has been the leader of the market lately. I spread INTC this afternoon, Nov 100 calls and Nov 85 puts. Whatever happens tomorrow on INTC, I don't believe the stock will just sit there. The move will be strong one way or the other. We'll see. Dick

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