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Technology Stocks : Intel Corporation (INTC)
INTC 46.95-2.8%Jan 16 3:59 PM EST

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To: Mo Chips who wrote (1605)6/4/1996 9:54:00 AM
From: jiggy   of 186894
 
Mo Chips: thanks for your comments. short term for me is a sell. i'm also very concerned about a potential correction that's due in the mkt esp. in light of the current int rate environment -- things are just too "happy" looking and so many stocks (not just INTC) are overdone. intc and others can go on forever about all mkt potential for intc, but late's face it -- interest rates are going up and earnings are not going to improve for intc until 1997, not this year. there is just little upside potential to this stock in the near term, and as of late it's been way overdone. long term, if it dippied back to the 60's i'd be a buyer again.
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