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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Pancho Villa who wrote (4423)3/8/1998 8:57:00 AM
From: Kip518  Read Replies (1) of 18691
 
On CNN's "Your Money" this morning INTC's earnings warning and price drop was discussed. The moderator said, if you had bought INTC after the previous earnings warning and sold before this one you would have made 30%; if you had bought INTC after three earnings warnings ago and sold before the previous earning warnings you would have made 20% in that period. Bottom line, buy INTC after each earnings warning and sell just before the next one is expected.

"Stop the Insanity!"
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