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Politics : Formerly About Advanced Micro Devices

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To: TGPTNDR who wrote (28216)1/31/1998 2:11:00 PM
From: Paul Engel  Read Replies (2) of 1572378
 
TGPTNDR - Re: 'Still short INTC & regreting it, though I had lots more fun time than sorrow so far. - I have stop in @ $84.13/16, so I won't get hurt too bad."

Let's see - you shorted Intel at $127/2 = $63.5. That must have been quite a while ago - more than 6 or 7 months. Tack on some interest expenses (incurred when "shorts" become negatively valued), and yes, you have lost some serious pocket money.

But don't worry. Intel may soon run in to process performance problems, capacity constraints due to yields and lack of new product introductions.

If these come to pass, you could see Intel drop down to Fuchi's $10 level in no-time-flat.

So, I'd hold on to those shorts - ride it out. Even if Intel rises above that $84 level - they probably won't hold there.

Rumors on the street have it that Intel's profits may not exceed $2 billion/quarter until Q3 of this year.

When the analysts get hold of that, they will drive the price way down in a jiffy. The big money movers like Tom Kurlak and Erika Klauer will have their clients moving in to steady, repeatable stocks that can earn $2 Billion/quarter without breaking a sweat.

Hang tight with your short position, TGPTNDR - your time will come.

Just ask Fuchi.

Paul
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