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Technology Stocks : Intel Corporation (INTC)
INTC 46.74-3.1%2:31 PM EST

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To: Ibexx who wrote (5338)11/17/1996 11:33:00 AM
From: Mary Ann Shubaily   of 186894
 
Ibexx- I agree with you. The momentum investors jumped into AMD for a quick ride while INTC takes a short breather from its huge run up. But that will only last until the next announcement by Intel which may come this week. Intel is not going to just stand by and let AMD or any other company come in and take over without a huge fight. But AMD and others should help keep Intel working as hard as ever to stay on top. Only one analyst downgraded the stock on valuation.... and I find that ironic since Intel said that they expect a significant increase in earnings this quarter...especially since this company tends to be conservative in their estimates. Regards, M.A.
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