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Technology Stocks : Intel Corporation (INTC)
INTC 34.32-1.2%Nov 18 3:59 PM EST

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To: Ian Davidson who wrote (45902)1/17/1998 2:31:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
Ian - Re: "Fuchi Wu, Dell, Intel, etc."

Fuchi is, among other things, quite consistent.

If a company is successful and makes money - he hates it, shorts the stock and buys puts.

On the other hand, if the company can't make a nickel (Cyrix, AMD) he'll love it into the grave.

Check out Fuchi's old Cyrix posts - he backed up the truck to load up on stock as it dropped from $48 to $30+ in 1995, before sinking into the "teens". All the while, he was convincing others that Cyrix was headed for $200.

He also loaded up on Dell $65 puts a few months back - to add to his extensive losses.

Paul
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