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To: Carmine Cammarosano who wrote (8026)3/4/1998 11:55:00 PM
From: Carl Wysocki  Read Replies (2) | Respond to of 64865
 
From the little bit of factual info I've come across, Intel claims it's
an inventory problem, not a fundamental problem. But, I'm sure
the market will treat this as a "real" slowdown in PCs, and by extension, the entire high tech sector.

This should make for a good buying opportunity tomorrow (assuming
the market does react), but may require a bit more time than an instant
to get a decent return.

Me, I'll play this for a good trading opportunity. Hopefully, option
premiums will expand, and short puts will look attractive to me.
But, I can call the market about 1/2 the time, and I just lost
my lucky coin.

Carl