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

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

INTC 39.50

-1.2%

Nov 3 9:30 AM EST

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To: Christian Atallah who wrote (151)	3/24/1997 12:55:00 AM
From: carl a. mehr	of 248

There is a lot of hopes for the success of AMD's K6 holding this 'hot air balloon' up. On 3/13 it hit a high of 48.5 and closed 3/21 at 39.125. Although it is down close to 20%, I would not sell it short yet. I will be ready to buy more Intel in the next day or so. I think that I heard Michael Murphy say that tech stocks were oversold. In July 94 he recommended that investors get out of tech stocks. That year I was up 240% (all in tech stocks) since Jan 1. I did not listen and I was lucky to make a portfolio gain of 23% for 1994. I used to laugh at Michael Murphy's tech stock advice, but he has started to be right most of the time. Best Regards, humble carl

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