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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Felix Appolonia who wrote (87683)9/3/1999 12:31:00 PM
From: Smart Investor  Respond to of 186894
 
Hello All,

INTC is moving into communication chips which has been very hot all year. With the expertise and manufacturing capability, I expect INTC to become dominant in this area soon. Other comm. chips company (DSP,TXCC,TXN, QCOM,...) better watch out with their sky-high PE. INTC could just lower the price and eat all their lunch. INTC did this to COMS when it moved into the ethernet card business. I expect some shakeout in this area soon.



To: Felix Appolonia who wrote (87683)9/3/1999 12:43:00 PM
From: Paul Engel  Read Replies (2) | Respond to of 186894
 
Felix - Re: "John, aside from trying to figure out the "anaylsts", where do you think INTC is headed ? Hope you did not short this stock FMA"

John O'Neil shorted Intel two weeks ago at $78 3/4 :

{===================================}
To: Paul Engel (86947 )
From: John O'Neill Tuesday, Aug 17 1999 10:05PM ET
Reply # 86968 of 86973

Henry..I'm behind 1/4 pt on my INTC short....so far your up on me...make sure to bookmark this one (INTC @ $79)


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

He is now >$10 UNDERWATER for each share.

This is the SECOND TIME in about a year that "Shorty O'Neil" has lost a BUNDLE by shorting Intel or buying Intel puts.

Shorty O'Neil's financial failures bring much amusement to the readers of this thread.

Paul



To: Felix Appolonia who wrote (87683)9/5/1999 2:12:00 PM
From: John O'Neill  Read Replies (1) | Respond to of 186894
 
>>John, aside from trying to figure out the "anaylsts", where do you think INTC is headed ? Hope you did not short this stock FMA<<

thanks for the good wishes..i didn't short the stock...thoug i lost on some options i held for a day...(at last expiration day)

I'm not short any stock..i do have DOW puts spread out over oct, nov and dec...plus some USPIX...a Nasdaq 100 bear fund...I think the best investment rite now is cash......