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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Process Boy who wrote (62273)6/18/1999 10:19:00 AM
From: Charles R  Read Replies (2) | Respond to of 1578445
 
PB,

<Scumbria - <Any bets on hitting $20 today? ;^) Will INTC drop below $50?
My WAG: No (it won't) and no.

PB>

I think you are right. I think Intel is pinned to 55 (i.e. 54 5/16-5511/16 for the close). However, for that very reason, this may represent a good shorting opportunity for someone with the risk profile to play that game. If not next Monday, there should be a decent payoff within two weeks.

It is a testament to this industry how quickly things can change. Two days back Intel was at the front-end of semi bull run and then comes the CuMine bump. Ah, well.

Chuck