Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 45.51

+10.7%

Jan 9 9:30 AM EST

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To: Gabe Fernandez who wrote (1586)	6/3/1996 9:10:00 AM
From: Burt Masnick	of 186894

Great moment on Wall Street Week last Friday night. Louis Ruhkeyer commented on the unnamed Merril Lynch analyst who recommended selling INTEL when it hit 50, saying it would go to 40, and today at 75 recommends INTEL saying it will go to 120. To quote Lou "What do these guys make, 2 - 3 Million a year?" Points out the horrible problem of relying on "experts". At least with a pitcher you know their ERA. a hitters batting average. Somebody should put together a "batting average" for analysts so those who should be discounted are not given such a wide press. I did a lot of hard questioning of my investment in INTEL when INTC hit 50 and I reached the exact opposite conclusion. I bought more (actually at 56+ - I'm lousy at timing). IMHO the real subject that should be talked about more in this thread is what are realistic price targets for INTC for the the next 1,2 and 5 year periods. Is INTC going to hit a growth wall ever? When do you sell (for me this is the most baffling question)? All these questions from someone who first bought INTC in 1982 and has held on all these years. Burt

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