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Strategies & Market Trends : Tech Stock Options

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To: Arik T.G. who wrote (30770)	12/10/1997 1:05:00 PM
From: Sundar Rajan	Read Replies (4) of 58727

INTC has said twice that there revenues will be up over Q3 and earnings slightly up or flat. >> I believe they'll issue a warning on Q4. I wonder where genuises like you with inside information where around when INTC touched 82 and 85 last month. I follow this thread and didn't see anyone buying puts or shorting stock at that level. So u think INTC will issue a warning because it has broken it's 75 support level?. what about CPQ? it's broken its 60 level - so is CPQ going to warn as well? CPQ has already said they will meet the estimates but the street is now fearful of ALL tech stocks after ORCL's debacle. Sorry to sound sarcastic but i'm getting tired of analysts and gurus who downgrade the stock such as ORCL when it is already at it's 52 week low.

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