Intel: Short Term Stock and Option Trading/Strategies Message Board

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Technology Stocks : Intel: Short Term Stock and Option Trading/Strategies

INTC 39.99

-0.4%

3:05 PM EDT

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To: Joseph Shah who wrote (157)	3/25/1997 1:34:00 AM
From: RayW	of 220

Joseph, You said "I am sure that you didn't think before you said "overpriced INTC"." Are you trying to tell me that you could not think? Clip my ID and read my posts why I believe that INTC is overpriced. As a trader, I believe that INTC has great chance to meltdown to 30s for rebound. The current book value for INTC is $16.68. 2/3 of it has to be depreciated in the next 3 years. As a technology loser, INTC should worth twice of its book value $35 at most. With the current close price of 100+, you are going to take some rough drops during this year if you keep on holding this one. Good luck!

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