INTEL SUPPORT GROUP - the sky is falling!!!! Message Board

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Technology Stocks : INTEL SUPPORT GROUP - the sky is falling!!!!

INTC 37.83

-4.2%

3:59 PM EST

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To: Ken Peterson who wrote (7)	3/7/1996 9:02:00 PM
From: chuckie	of 248

Ken, logic is sound. Only one problem, Wall Street doesn't pay much attention to logic in the semiconductor/internet area. Intel misses earnings by pennies, stock gets crushed. Even with its low PE the Street has very little sympathy. I believe PC sales will come back someday. Intel may have a rough year this year because CPQ and IBM have both said that corporate PC sales are in a slow period. They predict a second half pickup, but the Street will believe it when it sees some postive numbers out of the big PC vendors. Until then, have faith, but be aware that logic is not the factor that rules this market today. Chuck

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