Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Miguel Octavio who wrote (2546)	7/24/1996 10:46:00 AM
From: Burt Masnick	of 186894

If I am not mistaken a Merril Lynch analyst recently recommended SELLING Intel at 52 and after the run up recommended BUYING INTC at 75. This is probably a $3-$4 million/year high tech specialist. Following these gurus doesn't seem to be the road to good investment results. They don't time the market well, they are mostly late to the party and they always say that momentum moves will continue indefinitely. Realistically INTEL is very volatile. Its moves up and down are both relatively exagerated. My own feeling is that they will break 100 easily within the next 12 months and possibly 120 in the next 18 months. I have owned INTC since 1983 (effective price of 3). I bought more when it dipped into the mid fifties (when Merrill Lynch said sell). I anticipate holding for a very long time. Burt

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next