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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Pink Minion who wrote (4752)8/30/2000 8:25:04 AM
From: Zeev Hed  Respond to of 30051
 
Ex, INTC has warrants (at $2.5/share) on 40 Mm shares, but they can exercise these only if a minimum percentage of their chip sets are shipping with RMBS, I think it is 20% for three quarters or so.

With the dramurai coordinating their counter offensive on RMBS, think we will see the $77 area give way, we may be on our way to the mid $60' as forecatsed.

Zeev



To: Pink Minion who wrote (4752)8/30/2000 9:34:20 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Well, the buss is going to provide some entertainment today, I jumped in at $75.5 near the opening, I am looking for few trips of just few bucks each.

Zeev