Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: Frank Ellis Morris who wrote (88751)	9/24/1999 6:38:00 AM
From: nihil	Read Replies (1) of 186894

If Balmer's mouthing off actually caused the sell-off, the sell-off was itself evidence that Balmer was quite correct in his opinion that tech stocks were overvalued. I buy and hold selected tech stocks because I believe they will increase in price over the next few years. It is times like the present that I particularly like to buy such stocks. I had no plans to sell any I own, and I am not sure that they have gone down all they will. I think the very large effect of Balmer's comments is attributable to his being a conehead.

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