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


To: Diamond Jim who wrote (90138)10/13/1999 10:04:00 AM
From: MichaelW  Respond to of 186894
 
Ron, even though I have my doubts about the overall market, it should be noted that Intel is a leading edge company, they define the chip-set technology and set the standard for many corporations.



To: Diamond Jim who wrote (90138)10/13/1999 3:19:00 PM
From: AurumRabosa  Read Replies (1) | Respond to of 186894
 
Diamond, I don't do want I'm told, I think for myself and all my own trading decisions. If you'd think clearly and objectively about the market forces that are impacting the future potential of Intel you'd see their market share is shrinking and will continue to shrink for many years to come. Instead of shorting INTC I bought as many puts as I could yesterday morning before the market maker raised the implied volatility to absurd levels. I expect INTC to drop 40% from their high to about $54.

We should listen to someone who posts on the Bearke thread where all think as they are told? it is LOSE not loose! Short it then.

Thanks for correcting my spelling, it was a valuable lesson I won't soon forget.