Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.70

+5.0%

2:46 PM EST

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To: Joan Osland Graffius who wrote (6627)	12/18/1996 9:40:00 PM
From: Bernard Newman	of 186894

While I agree that INTEL will probably be at $200 within a year or 18 months, short term I have to point out something that I learned from Jack. The gloom and doom on Monday (on this bulletin board) and the euphoria last Thursday and today seem to be excellent short term contrary indicators. On Thursday, sentiment was that $150 soon was a no-brainer. Not one worrysome post. On Monday when it dipped to 126 and change (I guess that was actually early Tuesday), all the talk was about filling the gap at 88-92. Based on this, I just might sell my 131 basis shares at the open tomorrow if it gaps up significantly. I still have $139 basis shares (groan) that I guess I'll have to hold for a while...maybe not<G>! Just some contrary food for thought. BERNIE

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