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You might want to be careful at $100 as well, since that was the general
consensus during October and November. Since they are now rolling out
this low end chip it might move higher than $100.
Harley
Peter Namtvedt wrote:
> Richard:
>
> At 04:45 PM 2/23/98 -0500, richard tobiassen wrote:
> >hi,
> >i bought some intel puts(march 90's).............any intel bears out
> >there??????
> >the analyst at merrill isn't happy with intel states chip glut and
> other
> >things....i think it's at it's top for a while......or at least near
> it.
> >
> >good trading
> >rich t
> >
> >
> >
>
> At this time it looks strong. I plan a 4-5 month put position in
> the Morgan Stanley High Tech 35 Put (MSH). Intel is looking like
> it will first go to 100, then take it's hit.
>
> Pete
>
> petena9090@xxxxxxxxxxxxxx
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