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


To: Charles R who wrote (82805)12/13/1999 4:20:00 PM
From: Goutam  Read Replies (2) | Respond to of 1571931
 
Chuck,

INTC got a downgrade (2 notches to be sure from a reasonably well known analyst) and it is up nicely.
Not what I thought would happen this AM!


I was surprised to see the kind of price action with INTC stock today ($5 swing from todays low). It could be due to Intel stock buy back. Another surprising thing I noticed was that the Dec 70 puts price stayed the same during 74 1/2 - 75 1/16 run-up. I bought 100 puts @ 5/16 when the stock was close to todays high.

Goutama



To: Charles R who wrote (82805)12/13/1999 6:04:00 PM
From: f.simons  Respond to of 1571931
 
>>INTC got a downgrade (2 notches to be sure from a reasonably well known analyst) and it is up nicely. Not what I thought would happen this AM!<<

Why Intel longs love Prudential downgrades:

Message 12270844

Regards,

Frank