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Technology Stocks : Intel Corporation (INTC)
INTC 45.07-17.0%Jan 23 9:30 AM EST
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To: Winner Victorious who wrote (69)11/27/1995 6:46:00 PM
From: Joan Osland Graffius   of 186894
 
Winner

Yes, they have a customer that has been late with payments and turned it into a loan. The account receivable was 100 days old. The conjecture on the street is that it is Packard Bell, but not confirmed.

I talked to my broker about selling my position and Merrill Lynch thinks I should ride this out, their estimate is for Intel to be priced between 80 and 90 during the next year.

So I am going to put my seat belt on and see where it takes me.

Regards

Joan
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