Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.23

+2.3%

Feb 11 3:59 PM EST

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To: Burt Masnick who wrote (3877)	10/8/1996 6:24:00 PM
From: damniseedemons	of 186894

I remember last December, when the technology stock were getting slammed. I walked into Best Buy, and couldn't believe how many sales reps there were in the computer department. Even so, there were still so many people swarming all over the place, waiting for a salesman to finish with other customers, so that they could ask some questions. I couldn't believe how many computers were being sold at that time. There were people who knew nothing except that they "wanted one of those Penny-ums." Only the fastest machines were selling. In early January, I bought more INTC in the mid-50s. That quarter, INTC came in 11 cents below expectations, including a charge (MSFT came in ahead). I was stunned when the news came out. After the initial shock, I started rationalizing that there must have been a 12 cent charge, or something. No such luck. Since things seem to be going so well this quarter, I can't wait to see how crowded Best Buy is. Sal Habash

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