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Politics : Idea Of The Day

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To: Getcher who wrote (17879)4/10/1998 6:33:00 PM
From: Riskmgmt  Read Replies (2) of 50167
 
Getcher:
None of my business but, in the spirit of this thread, I'd ask you, to think twice about shorting Intel. Intel already warned and this is reflected in the stock price. IMHO. Same goes for going long Ascend-it has had a hell of a run-up and the growth isn't that exciting. Much expectation is already in the stock price and I'd not be surprised to see a pull back here to mid to high 30's.

Again, just my opinion but I think there are many better shorts than Intel and better longs that Ascend (after a run up from 22 to 42 it's high yesterday).

regards and good luck whatever your decision,

Ray
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