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Technology Stocks : Intel Corporation (INTC)
INTC 39.50-3.1%Dec 11 3:59 PM EST

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To: Paul Fiondella who wrote (48570)2/23/1998 4:38:00 PM
From: Paul Engel  Read Replies (4) of 186894
 
Paul - Re: ".. while you triumphantly broadcast all of my non-existent
shorts sales "

Here are your posts describing YOUR INTEL AND MICROSOFT SHORTS - from $69 to $94 for Intel and $148+ for Microsoft before today's split.

Perhaps there are even more you won't admit to.

But, read the posts - you wrote them and were quite proud when Intel was going down.

Now you deny their existence with Intel above $94? Why Paul - do you know what that makes you?

Read 'em Paul - you wrote them. The truth hurts doesn't it?

Paul

{===========================}

To: Sonny McWilliams (44635 )
From: Paul Fiondella
Friday, Jan 9 1998 1:23PM EST
Reply # of 44649

No I'm short the stock currently

In fact "long term" (for me) short at 79, 85 and 94.
(I owned the stock previously in the 52-65 range.)
I covered some of my positions and traded out some two week profits. My last short occurred at 74 1/16 (target being lowered as you see) wheich merely reinstatedmy 79 short.

I'm holding money off the table in anticipation of Tuesday's outcome.

==========
Regardless of Tuesday's outcome I like to have a good analytical context for my investments.

{===================================}
To: Dale J. (44542 )
From: Paul Fiondella
Thursday, Jan 8 1998 10:21PM EST
Reply # of 44576

Yes I'm still short Intel and building my short position

I've had to steadily lower my short target from 94 to 85 to 81 to 74!!! Gosh pretty soon I will be shorting at 69.

I see low 60's. Fleckenstein(?) says 50.

{=============================================}
To: dwight vickers (19896 )
From: Paul Fiondella
Friday, Jan 30 1998 10:23AM EST
Reply # of 19961

(Off Topic) Shorting MSFT is a risk I do not recommend to the faint of heart.

I'm assuming the Street's denial of Asia, which I have seen played out many times, will not last past Q1 earnings or the next domino to fall. The market
will then correct.

The current upward move has cleaned out a lot of Options based shorting in the stock. But it has been very fast so there has to be some retracing.

There are a lot of small customers looking to jump in and benefit from the upward move after the split. But they only have so much money and look at CPQ for that strategy.

Bottom line is that you have to pick a time closer to a recession to make real money shorting the stock unless you have spare cash and this is your first short. Then two things have to happen, NT has to meet enterprise resistance (so it is not a cheap option for corps in a recession --- remember how the techs missed the Reagan recession) and the desktop software has to become a commodity type product like autos are. Something you can postpone buying.

Then MSFT will look like its saturated its growth markets, that's why Bill is pushing the webtop. MSFT needs new markets to grow.

=======================

Currently I am watching my short at 148 3/4. Today is a critical day!!!
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