Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 39.37

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3:59 PM EST

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To: Paul Fiondella who wrote (38008)	10/28/1997 7:26:00 PM
From: Paul Engel	of 186894

Paul - Re: "Concerning shorting There may be better stocks to short but shorting Intel is like shorting the Tech sector. I picked it because I felt it was grossly overvalued when I shorted it, less so now than when I picked it. As to trading, I use a reliable broker with a track record of proven execution---Siebert. I put my orders in verbally not through the Internet before trading starts for the day. I had no trouble getting through to a broker today. I use the Internet for real time information but not for trading. Execution is more important than cheap commisssions." CONGRATULATIONS - It sounds like you waited all this time UNTIL today to short Intel - since you placed your short order before the bell, it must have gone off! I guess that leaves you about $10 under water as of the closing bell! Keep up the good work - and EXCELLENT TIMING. You may be the one to have shorted Intel at its lowest point! Couple this loss with your Novell position and you will have a substantial tax write-off! You sure can pick 'em! Paul

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