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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Mani1 who wrote (51699)	8/19/2001 9:07:26 PM
From: heatsinker2	Read Replies (1) \| Respond to of 275872

Mani- I think there is a good possibility that Intel's revenue AND margin will decline this quarter. That could put them pretty close to break even, maybe even in the red this quarter! Look out! I doubt Intc will lose money, but earnings and sales will surprise on the down side. I recommend buying puts, that's what I have done. As far as wanna_bmw is concerned, I thought you treated him unfairly last weekend. But, hey, it sure didn't stop him from continuing to post messages! So no harm done...

To: Mani1 who wrote (51699)	8/19/2001 10:02:09 PM
From: TGPTNDR	Respond to of 275872

Mani, I agree with you about the short side seeming to be the side to be on & I made a couple of bucks last week there. Intel looks to me like a decent candidate. It's been SO strong, however, that it bothers me. And after Friday's action I'd be surprised if some defenders didn't come out to cheer it on. But while "the trend is your friend" and all that, Mr. Market seldom goes in one direction without corrections. (But when it does, it's nice to be on the right side!) And it looks to me like the NAS is at the bottom of it's channel & close to bounce time. Does not next week have a 'Greenspan' day in it? Would 1/2% cut bounce the market? Is the market ripe for a bounce anyway? I'm figuring on bailing out of my puts soon, most likely on Monday. But I'm a pretty poor timer. I'm thinking QQQ after the bounce. tgptndr