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Zeev Hed

01/14/04 12:17 PM

#192845 RE: optionking #192841

I think so, the same with QLGC, I am in both and planning to stay into AH with both...got out of SNDK (second position only) here at $66.60 for just $.38, will try again (LEXR weakening again and SNDK could follow).
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shoreco

01/14/04 12:45 PM

#192857 RE: optionking #192841

>> you think INTC is being kept down here to setup a big runup after earnings <<

This market has been strong, what could bring it down???

A bad INTC???

If you're long the market then an insurance bet would be to "short" INTC as a hedge...

If things are rosy, then you remove your hedge and watch your holding party along...

If not, then you'll offset some of your losses with an INTC tank...

IMO, If they don't raise forward guidance, then I can't see how they can expect to keep going up, but that will be for the street to decide in AH's...

EOM
Shoreco

PS
I have no interest in INTC long or short...