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


To: TGPTNDR who wrote (28216)1/31/1998 2:11:00 PM
From: Paul Engel  Read Replies (2) | Respond to of 1572512
 
TGPTNDR - Re: 'Still short INTC & regreting it, though I had lots more fun time than sorrow so far. - I have stop in @ $84.13/16, so I won't get hurt too bad."

Let's see - you shorted Intel at $127/2 = $63.5. That must have been quite a while ago - more than 6 or 7 months. Tack on some interest expenses (incurred when "shorts" become negatively valued), and yes, you have lost some serious pocket money.

But don't worry. Intel may soon run in to process performance problems, capacity constraints due to yields and lack of new product introductions.

If these come to pass, you could see Intel drop down to Fuchi's $10 level in no-time-flat.

So, I'd hold on to those shorts - ride it out. Even if Intel rises above that $84 level - they probably won't hold there.

Rumors on the street have it that Intel's profits may not exceed $2 billion/quarter until Q3 of this year.

When the analysts get hold of that, they will drive the price way down in a jiffy. The big money movers like Tom Kurlak and Erika Klauer will have their clients moving in to steady, repeatable stocks that can earn $2 Billion/quarter without breaking a sweat.

Hang tight with your short position, TGPTNDR - your time will come.

Just ask Fuchi.

Paul



To: TGPTNDR who wrote (28216)1/31/1998 8:41:00 PM
From: Kashish King  Respond to of 1572512
 
Still short INTC & regreting it.

Sounds like a pencil-eye problem to me. I suppose AMD options might have proven more toxic judging by the evaporation of Brian Hutcheson's stream of puffery once his options expired worthless. It goes to show you, don't trust the hollow opinions of those with a no motive for truth. Heck, he would dismiss public comments from Jerry himself and then start yacking about the FTC as though it were the SEC or something -- that's what being drunk with greed does to you, better off being catatonic with fear!



To: TGPTNDR who wrote (28216)2/1/1998 1:43:00 AM
From: greg nus  Read Replies (1) | Respond to of 1572512
 
Tgptndr. Hang in there (short Intel). Intel's rally bubble burst last Friday at 9:30 EST. Concurrent with Greenspans testimony before the US House of Represenatives, House Oversite Committee on Banking hearings on Asia. Greenspan things a slowdown is on the way.
February is noterious for market pull backs. For Example look what happened last year. Intel dropped from 80+ to 63 the year low from Feb 1 to April. Here is a Picture of it.
investools.com Also note Intel was technically stronger last feb than this feb. It traded much higher above it 200day moving average. Chart shows 20,50 200 day lines. With a stop at 84 you may still get the better of the short. Good luck.