INTC Message Board - Msg: 1020066

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Technology Stocks : INTC

INTC 43.48

+8.6%

Dec 2 3:59 PM EST

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To: Jules B. Garfunkel who wrote (65)	3/19/1997 9:02:00 AM
From: Burt Masnick	of 990

Jules, finding this thread is like finding water in the desert. Wow - the Intel thread has simply gone berserk. Can you convince Paul E and Jack Rains to post here? Right now we seem to be seeing two phenomena. Since intel went up a little too far and a little too fast it was vulnerable. It's happened before and will happen again. The two factors were the funds heading for the exits when tech was not quite as hot an idea as it had been 3 months ago and the momentum players looking for the next hot thing and abandoning techs. MSFT has held well but everything else has been beaten up. Which brings us to a golden opportunity. Profits will show substantial growth this year and by the end of the year the switchover to .25 microns will allow INTEL to have more capacity without building as many new factories. It's hard for me to see INTC earning $10.00 in 1998 and not selling for well north of $200 even possibly $250. That's my current take on this bashing the techs are taking. Best regards and sincere thanks for starting this, Burt

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