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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: cthd who wrote (337)5/8/2001 9:18:09 PM
From: Michail Shadkin  Read Replies (1) | Respond to of 6873
 
CTHD - Re: options and INTC

I very rarely use options. Mentally I cant deal with those spreads.
4 times last year total. None this year.
Had 1 gigantic winner in IBM puts last year, when they warned in September.

INTC
I feel INTC is overvalued here based on almost any historical measure.
Also, I see major pricing pressure affecting them in their war with AMD, who is taking some market share away at the moment.
I feel a reasonable valuation would be around $20

That said, I dont like INTC short very much.
I just feel there are bigger fish to fry out there right now.

Good Luck
Michail