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Technology Stocks : CHPS

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To: sportsman who wrote (2644)1/6/1998 11:20:00 PM
From: Timoteo  Read Replies (1) of 2740
 
Just looked at the news after replying below-INTC extends tender to Jan 21 from Jan 18. It is clear to me that INTC would not bother with an extension unless they were confident the deal was going through. They are too big a company to be playing games or pump and dump. Also reported January 13 or earlier as deadline so they obviously know something. I'll check news first next time.

Selling at this point might be wise if you are uncertain. I would not short since I am confident the deal will go through. In fact, I am sitting on my shares. Why are people buying? 6% return in 3 days. Not bad. A few hundred or thousand bucks for people like me, but 10,000 share traders are putting real money in the bank.

Timoteo
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