Barry,
I don't know what the scenario will be on March 9 and 10. I had asked the Intel thread to think about a strategy and for us to discus the different options. However, no one, other than yourself responded. For myself, I will keep the Warrants until the end, and tender the Warrants to Intel for INTC stock. I will hope that a short squeeze occurs, for the reasons I outlined in March 1996 on the Intel Warrants Thread, but if it doesn't, its all right. I do not want to take the capital gains that I would have to take if I sold the Warrants.
As for your other question... IBD will next publish short positions on, or about, Feb. 15. or as I do ask my broker.
I am re-posting here a post that I put on the Intel Thread earlier today.
"All, INTC now @ 84 1/2
The market seems to be reacting to the negative article in today's WSJ,
"PC Focus Blinded Giant Intel
In Race to Make Cheaper Chips
By DEAN TAKAHASHI
Staff Reporter of THE WALL STREET JOURNAL"
and Tom Kurlak's recent negative comments on the Semiconductor industry. Both of these I believe are over exaggerated and coming back to back, has distorted INTC's great long term future. Both assume that INTC is standing static and that they are not poised to assault the main frame/enterprise server market. I view this, once again, as a good buying opportunity. Perhaps the last, assuming no adverse interference from Clinton's problems, Asian crisis, or a renewed Persian Gulf War.
Today, I sold Intel long term Puts, however, as always I reserve the right to change my mind or be completely wrong."
Regards,
Jules |
