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Strategies & Market Trends : BedTime for Intel or Kurlak??? -- Ignore unavailable to you. Want to Upgrade?

To: JR Medlar, 2nd who wrote (14)	4/19/1998 7:36:00 AM
From: Mike Gordon	Read Replies (1) \| Respond to of 29

The Kurlak prediction is one of many which over time has come true. What concerns me the most is people feel that the "tail is wagging the dog". So, I had to put my money in the short bucket, (selling calls) until this news becomes stale. Concerning margins, INTC enjoyed a 54% margin in the past. This has been reduced to 52%. Give me a break. The 2% reduction is not a viable reason for a 30% reduction in the stock. JMHO Mike