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


To: nihil who wrote (55066)4/10/1999 12:00:00 PM
From: DRBES  Respond to of 1580615
 
re: "If pigs had wings they could fly. Does this pig have wings?"

I think that many on this thread are of the opinion that iNTEL is a "PIG", at least in the market place, and it does fly, at least the stock does.

I have never before actually recommended shorting iNTEL common and I would not recommend an action that I, myself, am not taking. I am not shorting iNTC, at least not yet. But such action is very tempting with the looming price wars and large capacity production wars that are suddenly far more likely just over the immediate horizon than they ever have been in the past. Also, given its deteriorating financial condition, AMD is closer to collapse than it has ever been in the past; so a short of iNTC could be devastating financially. However, the possibility is very tempting.

The thought of all of the funds attempting to liquidate their positions simultaneously guided by the lemmings who, in droves, may suddenly change their "guidance" is a source of amusement to me. The hypothetical scene is that of fifty men (and women, let us be politically correct), all with shoulder spans that are six feet across, trying to exit a doorway that suddenly becomes less than three feet wide is a realistic characterization of what could be in the offing.

I repeat, I AM NOT SHORTING iNTEL COMMON, NOR AM I BUYING ANY PUTS but the image I am verbally painting has occurred to me.

Regards,

DARBES